Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) was the recipient of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 8,271 shares, a decrease of 45.0% from the July 30th total of 15,028 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 149,118 shares, the days-to-cover ratio is currently 0.1 days.
Analyst Ratings Changes
Separately, Cantor Fitzgerald initiated coverage on shares of Gold Reserve in a research report on Tuesday, May 5th. They set a “speculative buy” rating for the company. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy”.
Read Our Latest Research Report on GDRZF
Gold Reserve Stock Down 0.2%
Gold Reserve (OTCMKTS:GDRZF – Get Free Report) last posted its earnings results on Thursday, August 13th. The company reported ($0.03) earnings per share (EPS) for the quarter.
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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