Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) was the recipient of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 78,500 shares, a decline of 34.9% from the October 15th total of 120,600 shares. Based on an average trading volume of 91,300 shares, the days-to-cover ratio is presently 0.9 days.
Gold Reserve Stock Down 2.8 %
Gold Reserve stock traded down $0.06 during midday trading on Friday, hitting $1.88. 10,830 shares of the stock were exchanged, compared to its average volume of 103,731. Gold Reserve has a 52-week low of $1.31 and a 52-week high of $4.92. The business’s 50-day moving average price is $2.56 and its 200-day moving average price is $3.41.
Gold Reserve (OTCMKTS:GDRZF – Get Free Report) last announced its earnings results on Tuesday, August 20th. The company reported ($0.04) earnings per share for the quarter.
Gold Reserve Company Profile
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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