Gold Reserve (OTCMKTS:GDRZF) Share Price Passes Above 50-Day Moving Average of $1.48

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Gold Reserve Inc. (OTCMKTS:GDRZF)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $1.48 and traded as high as $1.69. Gold Reserve shares last traded at $1.68, with a volume of 22,426 shares.

The business’s 50 day moving average price is $1.48 and its 200-day moving average price is $1.67. The firm has a market capitalization of $157.53 million, a price-to-earnings ratio of -168.00 and a beta of 0.28.

About Gold Reserve (OTCMKTS:GDRZF)

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

Further Reading: How is net asset value different from market price?

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