Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $3.03 and traded as low as $2.88. Gold Reserve shares last traded at $2.92, with a volume of 32,842 shares trading hands.
Gold Reserve Price Performance
The stock has a market capitalization of $290.69 million, a P/E ratio of -12.70 and a beta of 0.68. The company has a 50 day simple moving average of $3.03 and a 200-day simple moving average of $2.75.
About Gold Reserve
Gold Reserve Inc, an exploration stage company, engages in evaluating, acquiring, exploring, and developing mining projects. It primarily focuses on the Siembra Minera project that holds gold, copper, silver, and other strategic mineral rights comprising an area of approximately 18,950 hectares located in Bolivar, Venezuela.
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