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Gold Reserve (GRZ) Stock Price & Analysis

GRZ Stock Chart & Stats

CA$5.37-CA$0.17(-3.07%)
At close: 11:06 AM EST
C$5.5C$6C$6.5C$710 Aug24 Aug8 Sep21 Sep5 Oct19 Oct2 Nov
Day’s Range
CAD 5.37 - CAD 5.37
52-Week Range
CAD 1.45 - CAD 7.60
Previous Close
CAD 5.54
Volume
N/A
Average Volume (3M)
14.36K
Market Cap
CAD 820.30M
Enterprise Value
CAD 773.21M
Total Cash (Recent Filing)
CAD 132.52M
Total Debt (Recent Filing)
CAD 115.45K
Price to Earnings (P/E)
―
Beta
1.35
Next Earnings
Dec 01, 2026 (Est.)
EPS Estimate
N/A
Last Dividend Ex-Date
Jun 12, 2019
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Minimal Leverage

Minimal leverage reduces mandatory financing costs and refinancing exposure, giving Gold Reserve greater flexibility while it advances its projects. A very low debt burden also preserves the ability to pursue future funding or development decisions without the constraints associated with heavily indebted operations.

Improved Capitalization

The substantial increase in reported equity and total assets strengthens the company’s capital base relative to its earlier position. That improvement can provide more financial capacity for technical work, permitting, project advancement, and other activities needed to develop its mineral interests.

Focused Project Strategy

A focused strategy around gold and copper development gives the company a clear asset base and a defined path for value creation through permitting, technical advancement, and potential project realization. The primary project provides strategic concentration rather than a broad, unfocused operating model.

Bears Say

No Consistent Revenue

The absence of consistent operating revenue means the company has not yet demonstrated a self-sustaining commercial business model. Revenue volatility limits visibility into future earnings capacity and leaves project advancement dependent on financing, asset realization, or a future transition into production.

Persistent And Widening Losses

Large negative operating results show that current activities are consuming capital rather than generating profits. The return to zero revenue alongside wider losses indicates weak earnings quality and raises the risk that continued project development will require additional funding before it can produce operating returns.

Heavy Cash Burn

Sustained negative operating and free cash flow materially reduces financial resilience, even with minimal debt. The deterioration from 2024 shows that cash needs have intensified, potentially limiting the pace of project investment and increasing reliance on external capital or asset-related value realization.

Gold Reserve News

GRZ FAQ

What was Gold Reserve’s price range in the past 12 months?
Gold Reserve lowest stock price was C$1.45 and its highest was C$7.60 in the past 12 months.
What is Gold Reserve’s market cap?
Gold Reserve’s market cap is C$820.30M.
When is Gold Reserve’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Gold Reserve’s earnings last quarter?
Gold Reserve released its earnings results on Aug 13, 2026. The company reported -C$0.04 earnings per share for the quarter.
Is Gold Reserve overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Gold Reserve pay dividends?
Gold Reserve pays a Notavailable dividend of C$0.76 which represents an annual dividend yield of ―. See more information on Gold Reserve dividends here
What is Gold Reserve’s EPS estimate?
Gold Reserve’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Gold Reserve have?
Gold Reserve has 148,068,150 shares outstanding.
What happened to Gold Reserve’s price movement after its last earnings report?
Gold Reserve reported an EPS of -C$0.04 in its last earnings report. Following the earnings report the stock price went up 3.834%.
Which hedge fund is a major shareholder of Gold Reserve?
Currently, no hedge funds are holding shares in TSE:GRZ
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology