GDRZF - Gold Reserve Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
2.5100
-0.0150 (-0.59%)
At close: 3:54PM EDT
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Previous Close2.5250
Open2.4595
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range2.3790 - 2.5100
52 Week Range1.8400 - 3.0200
Volume9,290
Avg. Volume12,161
Market Cap249.481M
Beta (3Y Monthly)-0.24
PE Ratio (TTM)3.31
EPS (TTM)0.7590
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est0.75
Trade prices are not sourced from all markets
  • Business Wire14 hours ago

    Gold Reserve Provides Update on Previously Announced Return of Capital Transaction

    Gold Reserve Inc. (GRZ.V) (GDRZF) (“Gold Reserve” or the “Company”) is providing an update regarding its previously announced intention to return between US$90 and US$100 million in the aggregate to holders (the “Shareholders”) of its Class A common shares (the “Class A Shares”) pursuant to a return of capital transaction (the “Return of Capital Transaction”). Following the Government of Canada’s decision on April 15, 2019 to impose sanctions against 43 additional individuals under the Special Economic Measures (Venezuela) Regulations of the Special Economic Measures Act, Gold Reserve’s board of directors (the “Board”) has determined that it is in the best interests of the Company and its Shareholders to reduce the aggregate amount of capital to be returned to Shareholders pursuant to the Return of Capital transaction to approximately US$75 million, or approximately US$0.76 per Class A Share.

  • Business Wire22 days ago

    Gold Reserve Announces Intention to Return Between US$90 Million and US$100 Million to Shareholders and Date for Annual General and Special Meeting of Shareholders

    Gold Reserve Inc. (GRZ.V) (GDRZF) (“Gold Reserve” or the “Company”) today finalized its plan to distribute a portion of the funds received in connection with the July 2016 settlement agreement, as amended (the “Settlement Agreement”), pursuant to which the Bolivarian Republic of Venezuela (“Venezuela”) agreed to pay the Company $1.032 billion to satisfy the award (including interest) granted in the Company’s favour by the International Centre for Settlement of Investment Disputes and to purchase mining data related to the Company’s Brisas Project. To date, the Company has received approximately $276 million under the terms of the Settlement Agreement with approximately $756 million remaining to be paid by Venezuela.

  • Business Wire23 days ago

    Gold Reserve Announces Blocking of Trust Account Held at Venezuelan Bank

    Gold Reserve Inc. (GRZ.V) (GDRZF) (“Gold Reserve” or the “Company”) reports that a trust account at Bandes Bank in Venezuela that holds approximately $21.5 million of the Company's funds has been blocked by the US Government under new US sanctions targeting certain Venezuelan financial institutions. On March 22, 2019, the US Treasury Department's Office of Foreign Assets Controls ("OFAC") designated Bandes Bank as a Specially Designated National ("SDN") pursuant to Executive Order 13850.

  • Business Wirelast month

    Gold Reserve Announces Shareholder Distribution

    Gold Reserve Inc. (GRZ.V) (GDRZF) (“Gold Reserve” or the “Company”) reports that it currently has a cash balance of $167 million (including $21.5 million held in Bandes Bank and from the sale of Venezuelan sovereign debt received in 2018) with current liabilities of approximately $3 million. In July 2016, we signed a Settlement Agreement, subsequently amended, whereby Venezuela agreed to pay the Company $1.032 billion to satisfy its ICSID Award (including interest) and to purchase our mining data related to the Brisas Project. The ICSID Award has been recognized in courts of the United States, France and Luxembourg and is not appealable by Venezuela.

  • Business Wire5 months ago

    Gold Reserve Reports on Third Quarter Results

    Gold Reserve Inc. (GRZ.V) (GDRZF) (“Gold Reserve” or the “Company”) today announced that for the nine months ended September 30, 2018 the Company had net earnings after tax of US$67.8 million or US$0.68 per share compared to US$81.8 million or US$0.89 per share in the same period of 2017. For the three months ended September 30, 2018 the Company had net earnings after tax of US$3.7 million or US$0.04 per share compared to US$34.3 million or US$0.36 per share in the same period of 2017. The Company has, on a cumulative basis, received US$187.5 million in cash and Venezuelan sovereign bonds with a market value of US$88.5 million for a total of US$276 million, paid pursuant to the Settlement Agreement with Venezuela.

  • Business Wire5 months ago

    Gold Reserve to File Restated June 30, 2018 Financial Statements

    Gold Reserve Inc. (GRZ.V) (GDRZF) (“Gold Reserve” or the “Company”) announced that in the course of completing its interim consolidated financial statements for the period ended September 30, 2018, it was determined that there was an estimated $6.6 million overstatement of income tax expense and understatement of net income reported in the Company’s Consolidated Statement of Operations for the six months ended June 30, 2018. The Company originally reported income tax expense of $19.1 million, net income of $57.5 million and earnings per share of $0.58 for the six months ended June 30, 2018 and a deferred tax liability of $9.3 million as of June 30, 2018. Based on the Company’s analysis, income tax expense, net income, earnings per share and deferred tax liability for the period are expected to be approximately $12.5 million, $64.1 million, $0.64 and $2.8 million, respectively.

  • Business Wire6 months ago

    Gold Reserve Receives Transfer from Venezuela

    Gold Reserve Inc. (GRZ.V) (GDRZF) (“Gold Reserve” or the “Company”) is pleased to provide an update on the transfer of funds from BANDES Bank associated with the Company’s Settlement Agreement with Venezuela. US $14.9 million has been transferred by BANDES Bank to the Company’s bank account in North America, leaving approximately US$22 million remaining in the Company’s trust account in Venezuela.

  • Investopedia8 months ago

    Top 4 Gold Penny Stocks as of August 2018

    Gold prices have been on a down streak, closing lower for 5 straight months, as the U.S. dollar has been on an upswing, bolstered by a positive outlook for the U.S. economy. December gold futures currently trade at above $1200 per ounce, considered a key support level, but have dropped about 10% overall since April.

  • CNW Group8 months ago

    IIROC Trading Resumption - GRZ

    IIROC Trading Resumption - GRZ

  • Business Wire8 months ago

    Gold Reserve Provides Venezuela Update

    Gold Reserve Inc. (GRZ.V) (GDRZF) (“Gold Reserve” or the “Company”) is pleased to provide an update on the payments related to the previously announced Settlement Agreement with Venezuela (“Settlement Agreement”). Under the terms of the Settlement Agreement Venezuela agreed to pay Gold Reserve a total of approximately US $1.032 billion, comprised of approximately US $792 million in satisfaction of the arbitral ICSID Award granted in favor of the Company and US $240 million for the sale of the Company’s technical mining data related to the Siembra Minera Project.

  • CNW Group8 months ago

    IIROC Trading Halt - GRZ

    IIROC Trading Halt - GRZ

  • Investopedia9 months ago

    Top 4 Gold Penny Stocks as of July 2018

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  • Investopedia10 months ago

    Top 4 Gold Penny Stocks as of June 2018

    Speculating on the price of gold becomes doubly risky when also speculating on the price of gold penny stocks. Both the metal and the inexpensive stocks can be highly volatile. However, where there is greater risk, there is greater potential for reward.

  • Business Wire11 months ago

    Gold Reserve Provides Update on Venezuela Activities

    Gold Reserve Inc. (GRZ.V) (GDRZF) (“Gold Reserve” or the “Company”) is pleased to announce that the mixed company Empresa Mixta Ecosocialista Siembra Minera S .A. (“SM”), owned 45% by Gold Reserve and 55% by the Bolivarian Republic of Venezuela, has received the Permit to Effect for the Siembra Minera Gold Copper Project (the "SM Project") from the Venezuelan Ministry of the Environment. The SM Project is a gold-copper-silver deposit located in the Kilometer 88 mining district of Bolivar State in southeast Venezuela.

  • Investopedialast year

    Top 4 Gold Penny Stocks as of April 2018

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