Gold Reserve (OTCMKTS:GDRZF) Stock Passes Below Fifty Day Moving Average – Time to Sell?

Gold Reserve Inc. (OTCMKTS:GDRZFGet Free Report)’s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $1.80 and traded as low as $1.50. Gold Reserve shares last traded at $1.5601, with a volume of 12,100 shares traded.

Gold Reserve Price Performance

The stock has a market cap of $155.31 million and a price-to-earnings ratio of -7.43. The business has a fifty day moving average of $1.80 and a 200 day moving average of $2.26.

Gold Reserve (OTCMKTS:GDRZFGet Free Report) last posted its earnings results on Friday, August 15th. The company reported ($0.04) EPS for the quarter.

About Gold Reserve

(Get Free Report)

Gold Reserve Inc, an exploration stage company, engages in evaluating, acquiring, exploring, and developing mineral properties. It also holds interests in LMS Gold project located in Alaska, the United States. The company was founded in 1956 and is based in Spokane, Washington.

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