Gold Reserve Inc (GRZ : TSX-V)
Common Stock
Follow GRZ
GRZ
Gold Reserve Inc
Performance
1 Day
-9.52%
1 Week
-18.57%
1 Month
-38.46%
YTD
+93.22%
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Key Statistics
Market Cap
$746.26M
52W High
$7.60
52W Low
$1.45
P/E Ratio
-
50 Day MA
$6.65
200 Day MA
$6.21
Beta
0.52
Dividend Yield
-
WA Score
How GRZ stacks up against 947 Canadian stocks
19
out of 99
- Value27
Not profitable over the last 12 months.
- Quality11
Return on equity −42.1%.
- Momentum44
93.2% this year, below its 200-day average, 51% of the way up its 52-week range.
- Analystsn/a
No analyst target on file.
- Insiders50
No open-market insider trades in 180 days.
Each factor is a percentile against Canadian common stocks worth $50M or more on the TSX and TSX Venture (90 = better than 90% of them). Built from exchange prices, company financials, analyst targets and SEDI insider filings. A data summary, not advice. How it works · Top-scoring stocks
Performance history
GRZ returns since 2023
Gold Reserve Inc has traded since Nov 2023 in our data, with 1 up year out of 2 full calendar years. Its deepest fall was −75.2% (Jun 2024 to Nov 2025).
1 year / yr
+124.6%
3 years / yr
+14.1%
5 years / yr
—
10 years / yr
—
Calendar-year returns
- 2023*+22.1%
- 2024−39.2%
- 2025+1.3%
- 2026*+100.0%
* Partial year (first year of data, or year to date).
$10,000 invested in GRZ
- 1 year ago$22,463
- 2023 (start of our data)$15,050
- Best year
- 2025: +1.3%
- Worst year
- 2024: −39.2%
- All-time high in our data
- $8 on Mar 11, 2026 · now −39.8%
Total-return basis using adjusted daily closes from the Toronto Stock Exchange and TSX Venture (dividends and splits folded in), Nov 2023 to Nov 2026. Past returns do not predict future ones.
Earnings
GRZ earnings history
Gold Reserve Inc's reported EPS by quarter.
| Quarter ending | Reported | EPS | Estimate | Surprise |
|---|---|---|---|---|
| Jun 30, 2023 | Aug 17, 2023 | −$0.02 | — | — |
| Mar 31, 2023 | May 17, 2023 | −$0.04 | — | — |
| Sep 30, 2022 | Nov 2, 2022 | −$0.02 | — | — |
| Jun 30, 2022 | Aug 5, 2022 | −$0.03 | — | — |
| Mar 31, 2022 | May 19, 2022 | −$0.06 | — | — |
| Sep 30, 2021 | Nov 9, 2021 | −$0.03 | — | — |
| Jun 30, 2021 | Aug 10, 2021 | −$0.02 | — | — |
| Mar 31, 2021 | May 13, 2021 | −$0.07 | — | — |
EPS as reported vs consensus estimate. TSX earnings calendar →
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14.8% a year since 2017 against 9.7% for the S&P/TSX Composite (+5.0 points a year). Reviewed every month.
Gold Reserve Inc insider transactions
Open-market and private equity trades (last 12 months volume). Derivatives and opening balances excluded.
Recent transactions
| Date | Side | Name | Shares | Price |
|---|---|---|---|---|
| Sep 10, 20 | Sell | Belanger, A. Douglas Individual · CA$945,000 | 300,000 | CA$3.15 |
| Sep 10, 20 | Sell | Belanger, A. Douglas Individual · CA$945,000 | 300,000 | CA$3.15 |
| Sep 10, 20 | Sell | Geyer, James Individual · CA$100,500 | 25,000 | CA$4.02 |
| Sep 10, 20 | Sell | Geyer, James Individual · CA$136,850 | 35,000 | CA$3.91 |
| Sep 10, 20 | Sell | Geyer, James Individual · CA$393,750 | 125,000 | CA$3.15 |
| Aug 30, 17 | Buy | Belanger, A. Douglas Individual · CA$945,000 | 300,000 | CA$3.15 |
| Jan 03, 16 | Sell | McChesney, Patrick Individual · CA$238,800 | 95,520 | CA$2.50 |
| Jan 03, 16 | Sell | Belanger, A. Douglas Individual · CA$1.1m | 420,936 | CA$2.50 |
| Jan 03, 16 | Sell | Geyer, James Individual · CA$300,000 | 120,000 | CA$2.50 |
| Jan 02, 16 | Buy | Belanger, A. Douglas Individual · CA$828,100 | 455,000 | CA$1.82 |
Technical Indicators
Price vs 50-Day SMA
Price vs 200-Day SMA
Recent Price History
| Date | Open | High | Low | Close | Adj Close | Volume |
|---|---|---|---|---|---|---|
| 11/10/2026 | $5.04 | $5.04 | $4.56 | $4.56 | $4.56 | 2,666 |
| 11/9/2026 | $5.06 | $5.11 | $4.99 | $5.04 | $5.04 | 12,433 |
| 11/6/2026 | $5.26 | $5.30 | $5.24 | $5.30 | $5.30 | 5,654 |
| 11/5/2026 | $5.25 | $5.25 | $5.25 | $5.25 | $5.25 | 552 |
| 11/4/2026 | $5.75 | $5.75 | $5.75 | $5.75 | $5.75 | 200 |
| 11/3/2026 | $5.50 | $5.60 | $5.37 | $5.60 | $5.60 | 5,503 |
| 11/2/2026 | $5.37 | $5.37 | $5.37 | $5.37 | $5.37 | 222 |
| 10/30/2026 | $5.68 | $5.68 | $5.48 | $5.54 | $5.54 | 9,046 |
| 10/29/2026 | $5.89 | $5.89 | $5.57 | $5.76 | $5.76 | 4,533 |
| 10/28/2026 | $6.30 | $6.30 | $5.95 | $5.97 | $5.97 | 11,231 |
Analyst Price Targets
Based on analyst covering GRZ · as of Nov 11, 2026
Wall Street analysts forecast GRZ stock price to rise 193.4% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$13.38
+193.4% Upside
Previously C$13.35 on Nov 9, 2026
Current Price
C$4.56
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on GRZ's historical volatility
30-Day Vol
52.8%
Annualized
90-Day Vol
39.3%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$3.81
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$4.30 | C$3.58 – C$5.15 |
| 60 trading days | C$4.05 | C$3.13 – C$5.24 |
| 90 trading days | C$3.81 | C$2.78 – C$5.23 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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About Gold Reserve Inc
Gold Reserve Ltd. engages in acquiring, exploring, and developing mining projects. The company holds interest in the LMS Gold project located in Alaska, the United States. Gold Reserve Ltd. was founded in 1956 and is based in Pembroke, Bermuda.
Financials
- Revenue (TTM)
- $210,098
- EBITDA
- $-18.43M
- Profit Margin
- 0.00%
- ROE (TTM)
- -42.08%
- EPS (Diluted)
- -0.33
- Book Value
- 0.69
Classification
- Sector
- Materials
- Industry
- Metals & Mining
- Group
- Materials
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