Gold Reserve (OTCMKTS:GDRZF) Stock Passes Above 50-Day Moving Average – Here’s Why

Gold Reserve Inc. (OTCMKTS:GDRZFGet Free Report)’s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $1.78 and traded as high as $2.79. Gold Reserve shares last traded at $2.59, with a volume of 37,844 shares changing hands.

Gold Reserve Stock Performance

The company has a 50 day simple moving average of $1.78 and a two-hundred day simple moving average of $2.07. The company has a market cap of $257.83 million and a PE ratio of -25.90.

Gold Reserve Company Profile

(Get Free Report)

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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