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Stocks/TSX-V/GRZ

Gold Reserve Inc (GRZ : TSX-V)

$4.56CAD-0.48 (-9.52%)Close of 2026-11-10

Common Stock

Follow GRZ

GRZ

Gold Reserve Inc

Source:WealthAwesomeWealthAwesome
↓ $2.32 (-33.72%)
30 day period
$4.56$5.98$7.41Sep 29Oct 21Nov 10

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

Bottom 40%
  • 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.

-0.0719-0.03600.0000 21-0321-0621-0922-0322-0622-0923-0323-06 Reported EPS (≥0) Reported EPS (<0) Wealth Awesome
Quarter endingReportedEPSEstimateSurprise
Jun 30, 2023Aug 17, 2023−$0.02——
Mar 31, 2023May 17, 2023−$0.04——
Sep 30, 2022Nov 2, 2022−$0.02——
Jun 30, 2022Aug 5, 2022−$0.03——
Mar 31, 2022May 19, 2022−$0.06——
Sep 30, 2021Nov 9, 2021−$0.03——
Jun 30, 2021Aug 10, 2021−$0.02——
Mar 31, 2021May 13, 2021−$0.07——

EPS as reported vs consensus estimate. TSX earnings calendar →

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Looking past GRZ? Our 10 best Canadian stocks, in one list.

14.8% a year since 2017 against 9.7% for the S&P/TSX Composite (+5.0 points a year). Reviewed every month.

See the portfolio →

Gold Reserve Inc insider transactions

Open-market and private equity trades (last 12 months volume). Derivatives and opening balances excluded.

Recent transactions

DateSideNameSharesPrice
Sep 10, 20Sell
Belanger, A. Douglas
Individual · CA$945,000
300,000CA$3.15
Sep 10, 20Sell
Belanger, A. Douglas
Individual · CA$945,000
300,000CA$3.15
Sep 10, 20Sell
Geyer, James
Individual · CA$100,500
25,000CA$4.02
Sep 10, 20Sell
Geyer, James
Individual · CA$136,850
35,000CA$3.91
Sep 10, 20Sell
Geyer, James
Individual · CA$393,750
125,000CA$3.15
Aug 30, 17Buy
Belanger, A. Douglas
Individual · CA$945,000
300,000CA$3.15
Jan 03, 16Sell
McChesney, Patrick
Individual · CA$238,800
95,520CA$2.50
Jan 03, 16Sell
Belanger, A. Douglas
Individual · CA$1.1m
420,936CA$2.50
Jan 03, 16Sell
Geyer, James
Individual · CA$300,000
120,000CA$2.50
Jan 02, 16Buy
Belanger, A. Douglas
Individual · CA$828,100
455,000CA$1.82

Full GRZ insider trading page →

Technical Indicators

Price vs 50-Day SMA

↓Below 50 SMA

Price vs 200-Day SMA

↓Below 200 SMA

Recent Price History

DateOpenHighLowCloseAdj CloseVolume
11/10/2026$5.04$5.04$4.56$4.56$4.562,666
11/9/2026$5.06$5.11$4.99$5.04$5.0412,433
11/6/2026$5.26$5.30$5.24$5.30$5.305,654
11/5/2026$5.25$5.25$5.25$5.25$5.25552
11/4/2026$5.75$5.75$5.75$5.75$5.75200
11/3/2026$5.50$5.60$5.37$5.60$5.605,503
11/2/2026$5.37$5.37$5.37$5.37$5.37222
10/30/2026$5.68$5.68$5.48$5.54$5.549,046
10/29/2026$5.89$5.89$5.57$5.76$5.764,533
10/28/2026$6.30$6.30$5.95$5.97$5.9711,231

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

Bullish

Based 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

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on GRZ's historical volatility

HistoricalForecast68%95%
C$1.97C$3.10C$4.23C$5.37C$6.50C$7.63TodayJun 30Sep 4Nov 10Dec 23Feb 5Mar 20

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

HorizonExpected68% Range (1σ)
30 trading daysC$4.30C$3.58 – C$5.15
60 trading daysC$4.05C$3.13 – C$5.24
90 trading daysC$3.81C$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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