Gold Reserve (OTCMKTS:GDRZF – Get Free Report) announced its quarterly earnings results on Thursday. The company reported ($0.03) earnings per share (EPS) for the quarter, Zacks reports.
Gold Reserve Price Performance
OTCMKTS:GDRZF opened at $4.59 on Friday. Gold Reserve has a 52-week low of $1.15 and a 52-week high of $5.60. The stock has a fifty day moving average of $4.64 and a 200 day moving average of $4.37.
Wall Street Analysts Forecast Growth
Separately, Cantor Fitzgerald started coverage on shares of Gold Reserve in a report on Tuesday, May 5th. They set a “speculative buy” rating on the stock. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy”.
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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