The stock of Gold Reserve Inc (CVE:GRZ) is a huge mover today! About 16,830 shares traded hands or 24.81% up from the average. Gold Reserve Inc (CVE:GRZ) has risen 6.00% since October 31, 2016 and is uptrending. It has outperformed by 0.77% the S&P500.
The move comes after 6 months positive chart setup for the $429.69M company. It was reported on Nov, 30 by Barchart.com. We have $5.32 PT which if reached, will make CVE:GRZ worth $34.38 million more.
More notable recent Gold Reserve Inc (CVE:GRZ) news were published by: Bloomberg.com which released: “Gold Reserve Shares Surge on $770 Million Venezuelan Settlement” on August 08, 2016, also Seekingalpha.com with their article: “Gold Reserve, Inc.: A High-Risk/High-Reward Opportunity” published on November 21, 2016, Seekingalpha.com published: “Should You Risk Buying Gold Reserve Inc. In Light Of Venezuela’s $1 Billion …” on October 10, 2016. More interesting news about Gold Reserve Inc (CVE:GRZ) were released by: Bloomberg.com and their article: “Venezuela Says Gold Reserve Accord Paves Way to Investment” published on February 25, 2016 as well as Business.Financialpost.com‘s news article titled: “Gold Reserve deal with Venezuela a potential turning point for Canadian miners …” with publication date: March 01, 2016.
Gold Reserve Inc. is an exploration-stage company. The company has a market cap of $429.69 million. The Firm is engaged in the business of acquiring, exploring and developing mining projects. It currently has negative earnings. It operates in the exploration and development of mineral properties segment.
GRZ.V Company Profile
Gold Reserve Inc. (Gold Reserve), incorporated in 1998, is an exploration-stage company. The Firm is engaged in the business of acquiring, exploring and developing mining projects. During the year ended December 31, 2010, the Company disposed of its 45% interest in Great Basin Energies, Inc. (Great Basin) and 44% interest in MGC Ventures Inc. (MGC Ventures).
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