Gold Reserve (OTCMKTS:GDRZF) Stock Crosses Below 50-Day Moving Average – Time to Sell?

by · The Cerbat Gem

Gold Reserve Inc. (OTCMKTS:GDRZF – Get Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $2.79 and traded as low as $1.44. Gold Reserve shares last traded at $1.48, with a volume of 68,030 shares changing hands.

Gold Reserve Stock Performance

The company has a fifty day moving average of $2.75 and a two-hundred day moving average of $3.45.

Gold Reserve (OTCMKTS:GDRZF – Get Free Report) last announced its quarterly earnings data on Tuesday, August 20th. The company reported ($0.04) earnings per share for the quarter.

About Gold Reserve

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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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