Gold Reserve Inc. (OTCMKTS:GDRZF – Get Rating) was the target of a large growth in short interest in December. As of December 15th, there was short interest totalling 75,500 shares, a growth of 36.8% from the November 30th total of 55,200 shares. Based on an average trading volume of 22,300 shares, the days-to-cover ratio is presently 3.4 days.

Gold Reserve Price Performance

Shares of GDRZF traded up $0.02 on Friday, hitting $1.27. The company's stock had a trading volume of 10,150 shares, compared to its average volume of 11,086. The company has a market capitalization of $126.43 million, a PE ratio of -11.55 and a beta of 0.36. The company has a 50 day moving average price of $1.14 and a 200 day moving average price of $0.99. Gold Reserve has a fifty-two week low of $0.61 and a fifty-two week high of $1.55.

Gold Reserve (OTCMKTS:GDRZF – Get Rating) last issued its quarterly earnings results on Wednesday, November 2nd. The company reported ($0.02) earnings per share (EPS) for the quarter.

Gold Reserve Company Profile

Gold Reserve Inc, an exploration stage company, acquires, explores, and develops mining properties. 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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