Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) saw a significant decline in short interest in August. As of August 14th, there was short interest totaling 8,271 shares, a decline of 45.0% from the July 30th total of 15,028 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 149,118 shares, the days-to-cover ratio is currently 0.1 days.
Gold Reserve Stock Up 0.2%
Shares of OTCMKTS GDRZF traded up $0.01 during midday trading on Friday, reaching $4.81. 135,355 shares of the company traded hands. Gold Reserve has a 12 month low of $1.15 and a 12 month high of $5.60. The stock’s 50-day simple moving average is $4.62 and its 200-day simple moving average is $4.46.
Gold Reserve (OTCMKTS:GDRZF – Get Free Report) last announced its earnings results on Thursday, August 13th. The company reported ($0.03) earnings per share (EPS) for the quarter.
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Gold Reserve Company Profile
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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