GDRZF
Price:
$4.5
Market Cap:
$547.69M
Gold Reserve Inc. operates as an early-stage company focused on acquiring, exploring, and developing mineral properties. Its principal undertaking is the Siembra Minera project, encompassing rights to valuable metallic resources such as gold, copper, silver, and other strategic minerals. This project spans approximately 18,950 hectares within Venezuela's Bolivar region. Established in 1956, the firm maintains its corporate headquarters in Spokane, Washington.
Industry
Gold
IPO Date
2013-03-18
Stock Exchange
OTC
Ticker
GDRZF
According to Gold Reserve Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 8.17. This represents a change of 55.78% compared to the average of 5.25 of the last 4 quarters.
The mean historical Current Ratio of Gold Reserve Inc. over the last ten years is 58.59. The current 8.17 Current Ratio has changed 1.29% with respect to the historical average. Over the past ten years (40 quarters), GDRZF's Current Ratio was at its highest in in the December 2018 quarter at 218.93. The Current Ratio was at its lowest in in the June 2017 quarter at 2.13.
Average
58.59
Median
45.33
Minimum
3.52
Maximum
218.93
Discovering the peaks and valleys of Gold Reserve Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 3.85%
Maximum Annual Current Ratio = 218.93
Minimum Annual Increase = -90.76%
Minimum Annual Current Ratio = 3.52
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 4.17 | -26.04% |
| 2024 | 5.64 | 60.07% |
| 2023 | 3.52 | -90.76% |
| 2022 | 38.13 | -60.14% |
| 2021 | 95.67 | 33.85% |
| 2020 | 71.47 | -20.86% |
| 2019 | 90.32 | -58.75% |
| 2018 | 218.93 | 3.85% |
| 2017 | 5.54 | -89.46% |
| 2016 | 52.53 | 705.53% |
The current Current Ratio of Gold Reserve Inc. (GDRZF) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
4.45
5-year avg
29.43
10-year avg
58.59
Gold Reserve Inc.’s Current Ratio is greater than Minera Alamos Inc. (3.31), greater than Theta Gold Mines Limited (0.61), greater than Gold X2 Mining Inc. (4.05), greater than Maritime Resources Corp. (5.05), greater than 1911 Gold Corporation (2.10), less than Radisson Mining Resources Inc. (11.57), greater than KEFI Gold and Copper Plc (1.59), greater than West Wits Mining Limited (4.69), greater than West Red Lake Gold Mines Ltd. (1.05), greater than Atlanta Gold Inc. (0.01),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.31 | $223.93M | |
| 0.61 | $143.16M | |
| 4.05 | $594.81M | |
| 5.05 | $193.98M | |
| 2.10 | $155.33M | |
| 11.57 | $283.78M | |
| 1.59 | $157.63M | |
| 4.69 | $239.09M | |
| 1.05 | $206.48M | |
| 0.01 | $761.00 |
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