Gold Reserve Inc. (V:GRZ)
Business Focus: Gold Mining
Mostly sunny as of September 01, 2023
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Insider Filings
Latest 10 SEDI filings for GRZ within the last 6 months
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Company News
Jul 28, 2023 10:58 ET
Gold Reserve Announces U.S. Delaware Court Issues Order Related to the PDVH Holding Sale Process
Gold Reserve Inc. (TSX.V:GRZ) (OTCQX:GDRZF) (Gold Reserve or the Company) announces that on July 27, 2023 the U.S. District Court for the District of Delaware (the Delaware Court ) issued a decision on certain issues concerning the PDVH sale process, including determining the process by which creditors of the Bolivarian Republic of Venezuela and Petroleos de Venezuela, S.A. (PDVSA) (collectively, the Creditors) can be named “Additional Judgment Creditors” and thereby participate in the previously announced sale process (the Sale Process) for the shares
Jul 11, 2023 09:20 ET
U.S. Third Circuit Court of Appeals Affirms Previously Announced District Court Order Granted to Gold Reserve and Others
Gold Reserve Inc. (TSX.V:GRZ) (OTCQX:GDRZF) (Gold Reserve or the Company) announces that on July 7, 2023 the United States Court of Appeals for the Third Circuit (the Third Circuit) issued a judgment affirming the orders of the United States District Court for the District of Delaware (the Delaware Court) issued on March 23, 2023 and March 31, 2023 (see Gold Reserve’s press releases dated April 4, 2023 and May 3, 2023).
Valuation Ratios
Industry
Sector
Beta
0.27
--
--
Price to Sales - TTM
--
2.94
4.22
Price to Book - most recent quarter
5.03
1.78
1.85
Price to Cash Flow per share - TTM
--
9.46
9.03
Price to Free Cash Flow per share - TTM
--
28.79
18.06
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Sep 15, 2023 | 51,408 | 36,477 |
| Aug 31, 2023 | 14,931 | -33,676 |
| Aug 15, 2023 | 48,607 | -224,968 |
Business Summary
| Sector: Basic Materials | Industry: Gold |
Gold Reserve Inc. is engaged in the business of evaluating, acquiring, exploring and developing mining projects. The Company's exploration prospects include Siembra Minera and LMS Gold Project. Siembra Minera holds certain gold, copper, silver and other strategic mineral rights within Bolivar State granted to Siembra Minera, within approximately 18,950 hectares in an area located in the Km 88 gold mining district of southeast Bolivar State which includes the historical Brisas and Cristinas areas. The mineral rights held by Siembra Minera have a 20-year term with two 10-year extensions. Siembra Minera is beneficially owned 55% by Corporacion Venezolana de Mineria, S.A., a Venezuelan government corporation, and 45% by the Company. LMS Gold Project is situated 20 kilometers (km) north of Delta Junction, and 150 km southeast of Fairbanks, Alaska, in the Goodpaster Mining District.
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