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Gold Reserve Inc.

$4.8 +$3.12 (+185.71%)
OTC · 14 Sep 2026 18:14 UTC
Previous Close
$4.8
Day Range
$4.61$4.83
Year Range
$1.15$5.6
Market Cap
579.26M
AVG Volume
129.79K
Trailing/Forward PE
-16.69/-
PEG ratio
0.45
Dividend Yield
-
Next Earnings Date
-
Primary Exchange
Other OTCUS
Revenue (USD)
0250K500K750K1M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
GDRZF Revenue (USD) by quarter
PeriodRevenue (USD)
26 Q20
26 Q10
25 Q40
25 Q30
25 Q20
25 Q1863.46K
24 Q40
24 Q30
24 Q2287.99K
24 Q1930.78K
Net Income (USD)
-15M-10M-5M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
GDRZF Net Income (USD) by quarter
PeriodNet Income (USD)
26 Q2-4.18M
26 Q1-10.48M
25 Q4-12.53M
25 Q3-9.18M
25 Q2-4.02M
25 Q1-8.64M
24 Q4-6.31M
24 Q3-3.15M
24 Q2-4.16M
24 Q1-1.4M
Operating Income (USD)
-10M-7.5M-5M-2.5M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
GDRZF Operating Income (USD) by quarter
PeriodOperating Income (USD)
26 Q2-4.49M
26 Q1-8.14M
25 Q4-3.23M
25 Q3-2.34M
25 Q2-2.28M
25 Q1-2.43M
24 Q4-3.51M
24 Q3-2.65M
24 Q2-3.08M
24 Q1-1.75M
EBITDA (USD)
-10M-7.5M-5M-2.5M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
GDRZF EBITDA (USD) by quarter
PeriodEBITDA (USD)
26 Q2-4.45M
26 Q1-8.09M
25 Q4-3.18M
25 Q3-8.88M
25 Q2-2.27M
25 Q1-2.43M
24 Q4-6.05M
24 Q3-2.65M
24 Q2-3.08M
24 Q1-1.74M
Cash Flows (USD)
-15M-10M-5M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
GDRZF Cash Flows (USD) by quarter
PeriodCash Flows (USD)
26 Q2-7.28M
26 Q1-10.64M
25 Q4-13.27M
25 Q3-6.17M
25 Q2-7.29M
25 Q1-3.49M
24 Q4-3.48M
24 Q3-3.12M
24 Q2-3.05M
24 Q1-2.28M
EPS (USD)
-0.1-0.08-0.05-0.03-024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
GDRZF EPS (USD) by quarter
PeriodEPS (USD)
26 Q2-0.03
26 Q1-0.08
25 Q4-0.1
25 Q3-0.08
25 Q2-0.04
25 Q1-0.08
24 Q4-0.06
24 Q3-0.03
24 Q2-0.04
24 Q1-0.01
Expenses (USD)
-2.5M02.5M5M7.5M10MSG&ACapex24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
GDRZF Expenses (USD) by quarter
PeriodExpenses (USD)
26 Q24.45M
26 Q18.24M
25 Q43.18M
25 Q32.29M
25 Q22.38M
25 Q12.43M
24 Q43.51M
24 Q32.65M
24 Q23.07M
24 Q11.73M
Cash & Debt (USD)
050M100M150MCashLong Term DebtShort Term Debt24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
GDRZF Cash & Debt (USD) by quarter
PeriodCash & Debt (USD)
26 Q2132.58M
26 Q1140.08M
25 Q477.89M
25 Q391.61M
25 Q266.82M
25 Q175.36M
24 Q478.37M
24 Q382.54M
24 Q250.09M
24 Q138.27M
Debt ratios
02.557.51024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
GDRZF Debt ratios by quarter
PeriodDebt ratios
26 Q25.38
26 Q16.24
25 Q44.64
25 Q34.66
25 Q24.97
25 Q15.31
24 Q45.8
24 Q38.81
24 Q26.12
24 Q15.89
Margins
-50%0%50%100%22 Q423 Q123 Q223 Q324 Q124 Q225 Q1
GDRZF Margins by quarter
PeriodMargins
25 Q1100%
24 Q2100%
24 Q199.59%
23 Q3100%
23 Q2100%
23 Q155.05%
22 Q4-5.4%
Return on Capital
-30%-20%-10%0%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
GDRZF Return on Capital by quarter
PeriodReturn on Capital
26 Q2-3.47%
26 Q1-8.44%
25 Q4-20.89%
25 Q3-12.7%
25 Q2-7.57%
25 Q1-15.18%
24 Q4-9.69%
24 Q3-4.47%
24 Q2-10.96%
24 Q1-5.08%
Shares Outstanding
050M100M150M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
GDRZF Shares Outstanding by quarter
PeriodShares Outstanding
26 Q2147.9M
26 Q1131.89M
25 Q4122.71M
25 Q3119.56M
25 Q2100.45M
25 Q1113.04M
24 Q4113.04M
24 Q3112.73M
24 Q2100.76M
24 Q199.56M
Dividends (USD)
00.511.52Jun 19
GDRZF Dividends (USD) by quarter
PeriodDividends (USD)
Jun 190.77
Employee Count
051015202001200220032004200520082012201320142022
GDRZF Employee Count by quarter
PeriodEmployee Count
20225
20148
201320
201220
200810
200510
200410
20038
20028
20018
Book Value Per Share (USD)
00.250.50.75124 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
GDRZF Book Value Per Share (USD) by quarter
PeriodBook Value Per Share (USD)
26 Q20.81
26 Q10.94
25 Q40.49
25 Q30.6
25 Q20.53
25 Q10.5
24 Q40.58
24 Q30.62
24 Q20.38
24 Q10.28
Total Assets (USD)
050M100M150M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
GDRZF Total Assets (USD) by quarter
PeriodTotal Assets (USD)
26 Q2134.53M
26 Q1141.85M
25 Q479.03M
25 Q393M
25 Q270.31M
25 Q175.88M
24 Q479.28M
24 Q383.37M
24 Q251.04M
24 Q139.16M
PE Ratio
02.557.51012.5med 3.23Nov 17Mar 18Jun 18Oct 18Jan 19May 19Aug 19
GDRZF PE Ratio by quarter
PeriodPE Ratio
Aug 194.27
Aug 194.13
Aug 194.36
Jul 194.01
Jul 194.24
Jul 194.13
Jul 194.27
Jun 194.39
Jun 193.73
Jun 194.54
Jun 195.82
May 196.03
May 195.65
May 195.93
May 196.01
May 196.17
Apr 195.82
Apr 193.31
Apr 193.37
Apr 193.32
Mar 193.52
Mar 193.36
Mar 193.57
Mar 193.53
Mar 193.23
Feb 193.29
Feb 193.29
Feb 193.36
Feb 193.03
Jan 193.09
Jan 192.83
Jan 193.03
Jan 192.8
Dec 181.93
Dec 182.02
Dec 182.02
Dec 182.2
Nov 182.25
Nov 182.01
Nov 182.14
Nov 182.32
Nov 182.28
Oct 182.34
Oct 182.4
Oct 182.47
Oct 182.34
Sep 182.3
Sep 182.68
Sep 182.77
Sep 182.78
Aug 182.53
Aug 182.58
Aug 182.81
Aug 182.56
Aug 182.47
Jul 182.5
Jul 182.41
Jul 182.51
Jul 182.45
Jun 182.66
Jun 182.68
Jun 182.98
Jun 182.7
Jun 182.46
May 182.25
May 182.4
May 182.39
May 182.4
Apr 182.78
Apr 182.83
Apr 182.69
Apr 182.67
Mar 183.29
Mar 183.1
Mar 183.23
Mar 183.04
Mar 183.28
Feb 183.4
Feb 183.38
Feb 183.1
Feb 183.13
Jan 183.09
Jan 183.55
Jan 183.8
Jan 183.86
Dec 174.16
Dec 176.82
Dec 177.53
Dec 177.83
Dec 178.63
Nov 178.39
Nov 179.3
Nov 179.86
Nov 1710.12
Oct 1710.11
Oct 1710.44
Oct 1710.61
Oct 1710.11
Sep 1710.36
Free Cash Flow Yield
-20%-15%-10%-5%0%med -6.15%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
GDRZF Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 26-5.9%
Sep 26-5.78%
Aug 26-5.89%
Aug 26-5.93%
Aug 26-6.17%
Aug 26-6.04%
Jul 26-6.24%
Jul 26-6.09%
Jul 26-6.23%
Jul 26-6.13%
Jul 26-6.11%
Jun 26-5.41%
Jun 26-5.07%
Jun 26-5.07%
Jun 26-5.1%
May 26-5.25%
May 26-5.29%
May 26-5.03%
May 26-4.92%
May 26-6.17%
Apr 26-6.12%
Apr 26-5.86%
Apr 26-5.73%
Apr 26-6.08%
Mar 26-4.24%
Mar 26-3.8%
Mar 26-3.56%
Mar 26-3.49%
Feb 26-4.32%
Feb 26-4.62%
Feb 26-4.64%
Feb 26-5.67%
Jan 26-4.56%
Jan 26-4.27%
Jan 26-4.31%
Jan 26-4.3%
Jan 26-10.17%
Dec 25-10.12%
Dec 25-10.06%
Dec 25-11.38%
Dec 25-10.82%
Nov 25-13.73%
Nov 25-15.05%
Nov 25-12.36%
Nov 25-11.09%
Oct 25-11.46%
Oct 25-12.54%
Oct 25-11.61%
Oct 25-11.31%
Oct 25-10.68%
Sep 25-6.54%
Sep 25-7.27%
Sep 25-4.97%
Sep 25-4.91%
Aug 25-4.47%
Aug 25-4.25%
Aug 25-4.08%
Aug 25-2.94%
Aug 25-2.95%
Jul 25-2.96%
Jul 25-2.92%
Jul 25-3.26%
Jul 25-3.62%
Jun 25-5.31%
Jun 25-5.13%
Jun 25-5.28%
Jun 25-5.39%
May 25-5.87%
May 25-7.54%
May 25-7.18%
May 25-6.9%
May 25-6.68%
Apr 25-6.68%
Apr 25-6.95%
Apr 25-5.42%
Apr 25-6.81%
Mar 25-8.75%
Mar 25-7.34%
Mar 25-7.41%
Mar 25-9.06%
Feb 25-8.56%
Feb 25-8.47%
Feb 25-7.98%
Feb 25-8.96%
Jan 25-8.96%
Jan 25-9.81%
Jan 25-10.93%
Jan 25-11%
Jan 25-10.27%
Dec 24-9.94%
Dec 24-10.63%
Dec 24-10%
Dec 24-9.34%
Nov 24-9.94%
Nov 24-7.66%
Nov 24-8.15%
Nov 24-9.23%
Nov 24-7.26%
Oct 24-6.39%
Oct 24-5.99%
Price to Sales
0200400600800med 189.76Oct 24Jan 25May 25Aug 25Nov 25Mar 26Jun 26
GDRZF Price to Sales by quarter
PeriodPrice to Sales
Jun 26646.65
Jun 26690.71
Jun 26690.71
Jun 26686.44
May 26666.55
May 26660.86
May 26694.97
May 26710.6
May 26567.06
Apr 26571.32
Apr 26596.91
Apr 26611.12
Apr 26575.59
Mar 26558.02
Mar 26623.1
Mar 26664.64
Mar 26678.48
Feb 26546.94
Feb 26512.32
Feb 26509.55
Feb 26416.78
Jan 26519.25
Jan 26553.86
Jan 26548.32
Jan 26549.71
Jan 26232.62
Dec 25198.93
Dec 25200.09
Dec 25176.82
Dec 25186.13
Nov 25146.58
Nov 25133.78
Nov 25162.86
Nov 25181.48
Oct 25175.66
Oct 25160.54
Oct 25173.33
Oct 25177.99
Oct 25188.46
Sep 25174.74
Sep 25157.07
Sep 25229.72
Sep 25232.66
Aug 25255.24
Aug 25268.98
Aug 25279.78
Aug 25388.75
Aug 25387.77
Jul 25385.8
Jul 25391.7
Jul 25350.46
Jul 25315.12
Jun 25184.57
Jun 25191.06
Jun 25185.49
Jun 25181.78
May 25166.94
May 25129.85
May 25136.34
May 25141.9
May 25146.54
Apr 25146.54
Apr 25140.98
Apr 25180.86
Apr 25143.76
Mar 25162.79
Mar 25194.24
Mar 25192.39
Mar 25157.24
Feb 25166.49
Feb 25168.34
Feb 25178.52
Feb 25159.09
Jan 25159.09
Jan 25145.22
Jan 25130.42
Jan 25129.5
Jan 25138.74
Dec 24143.37
Dec 24134.12
Dec 24142.44
Dec 24152.62
Nov 24143.37
Nov 24126.27
Nov 24118.69
Nov 24104.8
Nov 24133.21
Oct 24151.52
Oct 24161.62
Oct 24158.47
Oct 24170.46
Sep 24107.33
Sep 24228.54
Sep 24227.28
Sep 24233.59
Aug 24239.91
Aug 24249.38
Aug 24218.76
Aug 24222.47
Aug 24234.83
EV/EBITDA
0246med 1.26Nov 17Jan 18Mar 18Jun 18Aug 18Oct 18Dec 18
GDRZF EV/EBITDA by quarter
PeriodEV/EBITDA
Dec 181.56
Dec 181.72
Dec 181.72
Dec 182.08
Nov 182.16
Nov 181.71
Nov 181.96
Nov 182.29
Nov 182.22
Oct 182.35
Oct 182.46
Oct 182.58
Oct 182.35
Sep 182.26
Sep 180.91
Sep 180.97
Sep 180.98
Aug 180.8
Aug 180.84
Aug 181
Aug 180.82
Aug 180.76
Jul 180.78
Jul 180.72
Jul 180.79
Jul 180.75
Jun 180.89
Jun 180.78
Jun 180.99
Jun 180.79
Jun 180.63
May 180.48
May 180.59
May 180.58
May 180.59
Apr 180.85
Apr 180.88
Apr 180.78
Apr 180.77
Mar 181.24
Mar 181.13
Mar 181.2
Mar 181.09
Mar 181.23
Feb 181.3
Feb 181.29
Feb 181.13
Feb 181.14
Jan 181.13
Jan 181.39
Jan 181.53
Jan 181.57
Dec 171.74
Dec 173.67
Dec 174.08
Dec 174.25
Dec 174.7
Nov 174.57
Nov 175.08
Nov 175.4
Nov 175.55
Oct 175.54
Oct 175.73
Oct 175.83
Oct 175.54
Sep 175.69
Price to Book
02.557.51012.5med 4.77Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
GDRZF Price to Book by quarter
PeriodPrice to Book
Sep 265.1
Sep 265.21
Aug 265.11
Aug 265.08
Aug 264.88
Aug 264.98
Jul 264.82
Jul 264.94
Jul 264.83
Jul 264.91
Jul 264.93
Jun 269.31
Jun 269.95
Jun 269.95
Jun 269.89
May 269.6
May 269.52
May 2610.01
May 2610.23
May 268.17
Apr 268.23
Apr 268.6
Apr 268.8
Apr 268.29
Mar 266.66
Mar 267.44
Mar 267.94
Mar 268.1
Feb 266.53
Feb 266.12
Feb 266.08
Feb 264.98
Jan 266.2
Jan 266.61
Jan 266.55
Jan 266.56
Jan 262.78
Dec 253.24
Dec 253.25
Dec 252.88
Dec 253.03
Nov 252.38
Nov 252.18
Nov 252.65
Nov 252.95
Oct 252.86
Oct 252.61
Oct 252.82
Oct 252.9
Oct 253.07
Sep 253.54
Sep 253.18
Sep 254.65
Sep 254.71
Aug 255.17
Aug 255.45
Aug 255.66
Aug 257.87
Aug 257.85
Jul 257.81
Jul 257.93
Jul 257.09
Jul 256.38
Jun 253.46
Jun 253.58
Jun 253.47
Jun 253.41
May 253.13
May 252.43
May 252.55
May 252.66
May 252.75
Apr 252.75
Apr 252.64
Apr 253.39
Apr 252.69
Mar 252.82
Mar 253.37
Mar 253.33
Mar 252.73
Feb 252.89
Feb 252.92
Feb 253.09
Feb 252.76
Jan 252.76
Jan 252.52
Jan 252.26
Jan 252.24
Jan 252.4
Dec 242.48
Dec 242.32
Dec 242.47
Dec 242.65
Nov 242.48
Nov 245.31
Nov 244.99
Nov 244.41
Nov 245.6
Oct 246.38
Oct 246.8
Gold Reserve Inc.
GDRZF
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News: GDRZF

Gold Reserve Announces Intention to Commence Normal Course Issuer Bid

businesswire.com · 3 Sep 2026

Gold Reserve Announces Intention to Commence Normal Course Issuer Bid

PEMBROKE, Bermuda--(BUSINESS WIRE)--Gold Reserve Ltd. (TSX.V: GRZ) (BSX: GRZ.BH) (OTCQX: GDRZF) ("Gold Reserve" or the "Company") today announces its intention to commence a normal course issuer bid through the facilities of the TSX Venture Exchange (the "TSXV") and any alternative authorized Canadian trading systems to repurchase, for cancellation, up to 7,393,451 common shares of the Company, representing 5% of the Company's presently issued and outstanding common shares (the “NCIB”). The NCI.

Gold Reserve Successfully Overcomes Rusoro Mining Ltd.'s Motion to Dismiss in Court of Chancery Proceedings

businesswire.com · 17 Aug 2026

Gold Reserve Successfully Overcomes Rusoro Mining Ltd.'s Motion to Dismiss in Court of Chancery Proceedings

PEMBROKE, Bermuda--(BUSINESS WIRE)--Gold Reserve Ltd. (TSX.V: GRZ) (BSX: GRZ.BH) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) announced today that it has successfully overcome a Motion to Dismiss brought by the defendant, Rusoro Mining Ltd. (“Rusoro”), in their proceedings in the Court of Chancery. The dispute arises from a consortium agreement entered into by Gold Reserve and Rusoro in connection with their joint bid for the judicial sale of shares of PDVH pending before the U.S. District.

Gold Reserve Joyously Announces the Release of José Ignacio Moreno Suárez After Three Years of Imprisonment

businesswire.com · 17 Aug 2026

Gold Reserve Joyously Announces the Release of José Ignacio Moreno Suárez After Three Years of Imprisonment

PEMBROKE, Bermuda--(BUSINESS WIRE)--Gold Reserve Ltd. (TSX.V: GRZ) (BSX: GRZ.BH) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) is very pleased to announce the release of José Ignacio Moreno Suárez from the Rodeo I prison in Venezuela. José was the Company's attorney and legal representative in Venezuela when he was detained as a political prisoner. He was held for over three years while he awaited a criminal trial that never began. José's family and the Gold Reserve team never gave up hope f.

Gold Reserve Provides Update on Its Litigation and Arbitration Proceedings

businesswire.com · 14 Aug 2026

Gold Reserve Provides Update on Its Litigation and Arbitration Proceedings

PEMBROKE, Bermuda--(BUSINESS WIRE)--Gold Reserve Ltd. (TSX.V: GRZ) (BSX: GRZ.BH) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) today provided an update on the next scheduled dates in connection with certain litigation and arbitration proceedings involving the Company. The Company advises that the following proceedings are currently scheduled: Court of Chancery – Rusoro's Motion to Dismiss: The Court of Chancery is expected to render its decision on the motion to dismiss brought by defendant.

Gold Reserve Announces Intention to Make Further CVR/Bonus Settlement Offers, to Make Offers to Optionholders, and to Amend Equity Incentive Plan

businesswire.com · 13 Aug 2026

Gold Reserve Announces Intention to Make Further CVR/Bonus Settlement Offers, to Make Offers to Optionholders, and to Amend Equity Incentive Plan

PEMBROKE, Bermuda--(BUSINESS WIRE)--Gold Reserve Ltd. (TSX.V: GRZ) (BSX: GRZ.BH) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) announced today that it intends to make further offers to holders of its outstanding contingent value rights (“CVRs”) and to participants in its 2012 bonus plan (“Bonus Plan”) to settle such entitlements. The proposed settlement offers are expected to be made on substantially the same terms as the settlement offers previously made by the Company to CVR holders and Bo.

Gold Reserve Begins Deploying Venezuela Earthquake Relief Funds, Urges Business Community to Join the Effort

businesswire.com · 2 Jul 2026

Gold Reserve Begins Deploying Venezuela Earthquake Relief Funds, Urges Business Community to Join the Effort

PEMBROKE, Bermuda--(BUSINESS WIRE)--Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) today announced that it has begun deploying funds from its previously announced US$1 million earthquake relief commitment to three organizations with established and complementary operational capacity in Venezuela: Samaritan's Purse, Catholic Relief Services and World Vision. These organizations were identified in coordination with the U.S. Embassy in Caracas and U.S.

Gold Reserve Commits US$1 Million to Support Earthquake Relief Efforts in Venezuela

businesswire.com · 25 Jun 2026

Gold Reserve Commits US$1 Million to Support Earthquake Relief Efforts in Venezuela

PEMBROKE, Bermuda--(BUSINESS WIRE)--Gold Reserve Ltd. (“Gold Reserve” or the “Company”) (TSX-V: GRZ, BSX: GRZ.BH, OTCQX: GDRZF) today announced it will donate US$1 million to support emergency relief and recovery efforts following the catastrophic earthquakes that struck Venezuela on June 24, 2026. Gold Reserve is coordinating its donations through the U.S. embassy, in consultation with Venezuelan authorities, to help ensure that funds reach the appropriate communities most affected by the disa.

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