Gold Reserve Inc

Basic Materials CA GRZ

6.36CAD
0.05(0.79%)

Last update at 2026-06-22T19:37:00Z

Day Range

6.306.48

LowHigh

52 Week Range

1.457.60

LowHigh

Fundamentals

Previous Close 6.31
Market Cap856.78M
Volume8455
P/E Ratio-
Dividend Yield-%
EBITDA-10.24372M
Revenue TTM3.48M
Revenue Per Share TTM0.03
Gross Profit TTM 3.48M
Diluted EPS TTM-0.4

Overview
Financials
Peer Comparison
Reports
Stock Research & News
Profile

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Type	yearly	yearly	yearly	yearly	yearly
Date	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Income before tax	-33.27798M	-14.27702M	-5.32011M	-8.59652M	-10.59679M
Minority interest	-	-	-	-	-
Net income	-34.27529M	-15.18898M	-23.11899M	-11.48437M	-11.81757M
Selling general administrative	10.19M	11.92M	6.78M	7.07M	7.26M
Selling and marketing expenses	-	-	-	-	-
Gross profit	-	-	-	-	-
Reconciled depreciation	0.13M	0.01M	0.06M	0.10M	0.11M
Ebit	-	-	-	-5.70866M	-7.80630M
Ebitda	-	-	-	-5.60452M	-7.69987M
Depreciation and amortization	-	-	-	0.10M	0.11M
Non operating income net other	-	-	-	-	-
Operating income	-10.24999M	-11.98395M	-6.83931M	-5.70866M	-7.80630M
Other operating expenses	-	-	-	7.36M	9.06M
Interest expense	-	-	-	2.89M	0.00000M
Tax provision	1.00M	0.91M	17.80M	0.00000M	-0.24418M
Interest income	3.21M	2.92M	1.91M	0.58M	0.03M
Net interest income	3.21M	2.92M	1.91M	0.58M	0.03M
Extraordinary items	-	-	-	-	-
Non recurring	-	-	-	-	-
Other items	-	-	-	-	-
Income tax expense	-	-	-	2.89M	1.22M
Total revenue	0.00000M	0.00000M	0.00000M	0.00000M	0.00000M
Total operating expenses	10.25M	11.98M	6.84M	7.36M	9.06M
Cost of revenue	-	-	-	-	-
Total other income expense net	-26.23787M	-5.21422M	-0.39209M	-2.88786M	-2.79049M
Discontinued operations	-	-	-	-	-
Net income from continuing ops	-34.27529M	-15.18898M	-23.11899M	-8.59652M	-10.59679M
Net income applicable to common shares	-	-	-	-	-10.59679M
Preferred stock and other adjustments	-	-	-	-	-

Breakdown	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Type	yearly	yearly	yearly	yearly	yearly
Date	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Total assets	78.83M	79.04M	39.74M	52.94M	60.64M
Intangible assets	-	-	-	-	-
Earning assets	-	-	-	-	-
Other current assets	0.24M	0.26M	0.29M	0.46M	0.51M
Total liab	18.77M	13.94M	11.16M	1.35M	0.61M
Total stockholder equity	60.06M	65.10M	28.58M	51.59M	60.03M
Deferred long term liab	-	-	-	-	-
Other current liab	-	-	10.45M	0.17M	0.06M
Common stock	-	-	302.68M	-	302.68M
Capital stock	1.23M	1.13M	302.68M	302.68M	302.68M
Retained earnings	-367.85704M	-333.58175M	-318.39276M	-295.27377M	-286.67726M
Other liab	-	-	-	-	-
Good will	-	-	-	-	-
Other assets	-	-	-	-	-
Cash	68.93M	42.82M	8.53M	15.38M	49.12M
Cash and equivalents	-	-	-	-	-
Total current liabilities	18.75M	13.94M	11.16M	1.35M	0.61M
Current deferred revenue	-	-	-	-	-
Net debt	-	-	-8.52916M	-	-
Short term debt	-	-	-	-	-
Short long term debt	-	-	-	-	-
Short long term debt total	-	-	-	-	-
Other stockholder equity	-	-	44.29M	-	23.40M
Property plant equipment	-	-	-	-	2.23M
Total current assets	78.27M	78.68M	39.36M	51.53M	58.41M
Long term investments	-	-	-	-	-
Net tangible assets	-	-	-	51.59M	60.03M
Short term investments	9.10M	35.60M	30.54M	27.60M	0.11M
Net receivables	-	-	-	-	8.68M
Long term debt	-	-	-	-	-
Inventory	-	-	-	-	-
Accounts payable	6.97M	2.32M	0.71M	0.65M	0.47M
Total permanent equity	-	-	-	-	-
Noncontrolling interest in consolidated entity	-	-	-	-	-
Temporary equity redeemable noncontrolling interests	-	-	-	-	-
Accumulated other comprehensive income	-	-	-	-	-
Additional paid in capital	-	-	-	-	-
Common stock total equity	-	-	-	-	-
Preferred stock total equity	-	-	-	-	-
Retained earnings total equity	-	-	-	-	-
Treasury stock	-	-	-	-	-
Accumulated amortization	-	-	-	-	-
Non currrent assets other	-	-	-	-	-
Deferred long term asset charges	-	-	-	-	-
Non current assets total	0.56M	0.36M	0.38M	1.42M	2.23M
Capital lease obligations	0.18M	-	-	0.00000M	0.08M
Long term debt total	-	-	-	-	-

Breakdown	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Type	yearly	yearly	yearly	yearly	yearly
Date	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Investments	27.47M	-3.49513M	0.58M	-27.37656M	-27.37656M
Change to liabilities	-	-	-	0.17M	-0.09932M
Total cashflows from investing activities	-	-	-	-	0.31M
Net borrowings	-0.06000M	-	-	-	-
Total cash from financing activities	28.69M	49.84M	0.00108M	0.00000M	-
Change to operating activities	-	-	-	-	0.07M
Net income	-34.27529M	-15.18898M	-23.11899M	-8.59652M	-10.59679M
Change in cash	26.10M	34.29M	-6.85133M	-33.73714M	-8.29772M
Begin period cash flow	42.82M	8.53M	15.38M	49.12M	57.42M
End period cash flow	68.93M	42.82M	8.53M	15.38M	49.12M
Total cash from operating activities	-29.94640M	-12.05369M	-7.42850M	-6.36258M	-8.61073M
Issuance of capital stock	30.00M	51.00M	0.00000M	-	-
Depreciation	0.13M	0.01M	0.06M	0.10M	0.11M
Other cashflows from investing activities	-	-	-	-	-
Dividends paid	0.00000M	0.00000M	0.00000M	-	-
Change to inventory	-	-	-	-	-
Change to account receivables	-	-	-	-	-
Sale purchase of stock	-	-	-	-	-
Other cashflows from financing activities	-	-	0.58M	-27.37456M	0.31M
Change to netincome	-	-	-	-	1.91M
Capital expenditures	0.11M	0.00000M	0.00000M	0.00000M	0.00238M
Change receivables	-	-	-	-	-
Cash flows other operating	-	-	-	-	-
Exchange rate changes	-	-	-	-	-
Cash and cash equivalents changes	-	-	-	-	-
Change in working capital	4.66M	2.81M	9.98M	1.45M	-0.03257M
Stock based compensation	0.49M	1.87M	0.10M	0.16M	1.99M
Other non cash items	-0.68094M	-1.31560M	-2.54720M	0.52M	-0.08020M
Free cash flow	-30.05436M	-12.05369M	-7.42850M	-6.36258M	-8.61311M

Peer Comparison

Sector: Basic Materials Industry: Gold

Company	Change (CAD)	Price (CAD)	Trailing PE (x)	Forward PE (x)	Price Sales TTM (x)	Price to Book Value (x)	Enterprise Value to Revenue (x)	Enterprise Value to EBITDA (x)
GRZ Gold Reserve Inc	0.05 0.79%	6.36	-	11.64	246.03	10.46	0.62	-10.7917
OMG Omai Gold Mines Corp	0.07 3.12%	2.31	-	-	-	62.63	-4.0856
ODV Osisko Development Corp	0.01 0.28%	3.62	-	24.45	40.87	2.12	33.04	-2.0042
ASE Asante Gold Corporation	- -%	0.85	-	6.57	2.23	269.42	2.23	49.52
NFG New Found Gold Corp	0.02 0.88%	2.29	-	11.78	177.15	2.59	175.20	-11.0158

Reports Covered

View All

Profile

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.

Gold Reserve Inc

Rosebank Centre, Pembroke, Bermuda, HM 08

441-295-4653
https://goldreserve.bm
Employees : 3

Key Executives

Name	Title	Year Born
Mr. James Hayward Coleman BBA, LLB, Q.C.	Exec. Chairman	1951
Mr. Rockne J. Timm	CEO & Director	1946
Mr. A. Douglas Belanger	Pres	1953
Mr. David P. Onzay	Chief Financial Officer	NA
Mr. James Hayward Coleman BBA, LLB, Q.C.	President & Chairman Emeritus	1951
Mr. Paul Rivett	CEO & Executive Vice-Chairman	NA
Mr. Paul C. Rivett	CEO & Executive Vice-Chairman	NA
Sai Ahmed	Chief Operating Officer	NA
Mackenzie Clark	Chief Legal Officer	NA
Mr. Paul C. Rivett	CEO & Executive Vice-Chairman	1968

Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.