Smart Stock Trading

Key to Making Informed Investment and Trading Decisions

Don't Miss Our Latest Stock Picks!

* This field is required

Gold Reserve Inc (CVE:GRZ)

Gold Reserve Inc (CVE:GRZ) Company Profile

Symbol(s): CVE:GRZ, OTCMKTS:GDRZF
Industry: Gold Mining
Website: www.goldreserveinc.com
eMail: info@goldreserveinc.com

Gold Reserve Inc (CVE:GRZ) is a Canadian Gold mining company. It’s a junior late stage development company mainly focused on exploration and development of mineral properties in Venezuela. The company has multiple properties including Brisas (Las Claritas, Venezuela) and Choco 5 (Puerto Ordaz, Venezuela).

Gold Reserve Inc (CVE:GRZ) has about 5 million ounces of gold reserves & resources. The company’s resources are currently being valued at US$41.957 per gold equivalent ounce.

Gold Reserve Inc has US$9 million cash and US$39 million debt. The company has 99.4 million shares outstanding and as of September 01, 2020, had a market capitalization of US$179.79 million. The stocks of Gold Reserve Inc trade on the Toronto TSX Ventures Stock Exchange and the Over-the-Counter Exchange.

Gold Reserve Inc (CVE:GRZ) Share Price Chart

Gold Reserve Inc (CVE:GRZ) Technical Data
Last Updated: September 2, 2020

Share Price:
CA$2.38 (9/1/2020 16:00:00)
Volume:
21600 (9/1/2020 16:00:00)
52 Week High:
CA$2.7
52 Week Low:
CA$1.82
Change from 52 Week Low:
30.769%
Change from 52 Week High:
-11.852%
Beta
0.12
Average Volume:
#N/A

Gold Reserve Inc (CVE:GRZ) Financial Data

Share Price:
CA$2.38 (9/1/2020 16:00:00)
Shares Outstanding:
99.4 million
Market Capitalization:
US$179.79 million *
Cash:
US$9 million
Total Debt:
US$39 million
Enterprise Value:
US$209.786 million
Earnings Per Share:
0.97
Price to Earning (P/E) Ratio:
2.46

Gold Reserve Inc (CVE:GRZ) Gold Resources

Total Reserves & Resources:
5 million ounce
Plausible Reserves & Resources:
3 million ounce
Future Cash Cost Per Ounce:
US$700
Future All-in Sustaining Cost Per Ounce:
US$1100
Future Annual Production:
250000 ounce

Gold Reserve Inc (CVE:GRZ) Valuation by Resources

Gold Equivalent Resources:
5 million ounce
Silver Equivalent Resources:
345.2 million ounce ***
Enterprise Value Per Gold Ounce:
US$41.957
Enterprise Value Per Silver Ounce:
US$0.608
Gold Equivalent Resources per FD share:
0.05 ounce
Silver Equivalent Resources per FD share:
3.473 ounce

* CAD to USD exchange rate of 0.76 was used in calculations
*** Gold to silver ratio of 69.03 was used in the calculation of silver equivalent resources

Copyright © 2016-2024 · SmartStockTradingStrategies.com