Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 120,600 shares, an increase of 12.7% from the September 30th total of 107,000 shares. Based on an average trading volume of 261,600 shares, the short-interest ratio is currently 0.5 days.
Gold Reserve Trading Down 0.2 %
GDRZF traded down $0.01 during trading on Thursday, hitting $2.24. 90,601 shares of the company’s stock traded hands, compared to its average volume of 105,208. Gold Reserve has a 12-month low of $1.31 and a 12-month high of $4.92. The company’s 50 day simple moving average is $3.04 and its two-hundred day simple moving average is $3.51. The stock has a market capitalization of $222.99 million, a price-to-earnings ratio of -9.76 and a beta of 0.70.
Gold Reserve (OTCMKTS:GDRZF – Get Free Report) last posted its earnings results on Tuesday, August 20th. The company reported ($0.04) earnings per share (EPS) for the quarter.
About Gold Reserve
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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