Shares of Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $1.74 and traded as low as $1.45. Gold Reserve shares last traded at $1.58, with a volume of 44,477 shares changing hands.
Gold Reserve Price Performance
The company’s 50 day simple moving average is $1.73 and its 200 day simple moving average is $2.94. The firm has a market cap of $149.33 million and a price-to-earnings ratio of -15.00.
About Gold Reserve
Gold Reserve Inc, an exploration stage company, engages in evaluating, acquiring, exploring, and developing mineral properties. It also holds interests in LMS Gold project located in Alaska, the United States. The company was founded in 1956 and is based in Spokane, Washington.
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