Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $4.72 and traded as low as $4.60. Gold Reserve shares last traded at $4.69, with a volume of 23,632 shares.
Wall Street Analysts Forecast Growth
Separately, Cantor Fitzgerald initiated coverage on shares of Gold Reserve in a report on Tuesday, May 5th. They set a “speculative buy” rating on the stock. One analyst has rated the stock with a Buy rating, According to MarketBeat, Gold Reserve presently has a consensus rating of “Buy”.
Get Our Latest Stock Analysis on Gold Reserve
Gold Reserve Stock Performance
Gold Reserve (OTCMKTS:GDRZF – Get Free Report) last posted its earnings results on Tuesday, May 12th. The company reported ($0.08) earnings per share (EPS) for the quarter.
About Gold Reserve
Gold Reserve Inc is a mineral exploration and development company incorporated in Nevada with executive offices in Vancouver, British Columbia, and Littleton, Colorado. The company focuses on the acquisition, exploration and development of precious and base metal deposits, primarily in South America. Gold Reserve’s corporate strategy centers on advancing its flagship mining interests toward production while managing the legal and regulatory framework surrounding its assets.
The company’s main asset is the Brisas Project, a former gold‐copper porphyry deposit located in Bolívar State, Venezuela.
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