ValuEngine Upgrades Gold Reserve (OTCMKTS:GDRZF) to “Buy”

Gold Reserve (OTCMKTS:GDRZF) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday, ValuEngine reports.

Shares of Gold Reserve stock traded up $0.07 during trading on Thursday, reaching $1.82. The company had a trading volume of 19,060 shares, compared to its average volume of 14,524. The firm’s fifty day simple moving average is $1.80. Gold Reserve has a fifty-two week low of $1.40 and a fifty-two week high of $2.90.

Gold Reserve (OTCMKTS:GDRZF) last released its quarterly earnings data on Thursday, May 23rd. The company reported ($0.03) earnings per share for the quarter.

About Gold Reserve

Gold Reserve Inc, an exploration stage company, acquires, explores, and develops mineral properties. The company primarily focuses on the Siembra Minera Project, an open pit gold-copper mining project located in Bolivar, Venezuela. It also has an interest in the LMS Gold Project in Alaska. The company was founded in 1956 and is based in Spokane, Washington.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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