Gold Reserve Inc. Logo

Gold Reserve Inc.

GDRZF

(1.0)
Stock Price

3,66 USD

-57.23% ROA

-52.14% ROE

-12.6x PER

Market Cap.

298.646.100,00 USD

0% DER

0% Yield

-5079.01% NPM

Gold Reserve Inc. Stock Analysis

Gold Reserve Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Gold Reserve Inc. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (0%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Revenue Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

3 Net Profit Growth

Throughout the last three years, this company has experienced consistent net profit growth, reflecting a robust financial performance and making it an attractive investment prospect.

4 ROE

Negative ROE (-13.87%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (-14.22%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

6 PBV

The stock's high Price-to-Book Value (P/BV) ratio (4.7x) suggests it's overvalued, potentially making it an expensive investment.

7 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

8 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

9 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

10 Dividend

The company's decision to withhold dividends for three years raises questions about its ability to generate consistent returns.

11 Buffet Intrinsic Value

The company's stock appears overvalued (0) by Warren Buffett's formula, suggesting a less favorable investment opportunity as its market price exceeds its estimated intrinsic value.

Gold Reserve Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Gold Reserve Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Gold Reserve Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Gold Reserve Inc. Revenue
Year Revenue Growth
1989 2.600.000
1990 7.400.000 64.86%
1991 2.900.000 -155.17%
1992 100.000 -2800%
1993 100.000 0%
1994 1.300.000 92.31%
1995 1.400.000 7.14%
1996 100.000 -1300%
1997 100.000 0%
1998 100.000 0%
1999 1.171.932 91.47%
2000 1 -117193100%
2001 0 0%
2002 0 0%
2003 0 0%
2004 899.881 100%
2005 1.402.868 35.85%
2006 8.252.058 83%
2007 6.499.084 -26.97%
2008 -243.053 2773.94%
2009 2.876.784 108.45%
2010 716.198 -301.67%
2011 2.358.514 69.63%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 466.673 100%
2023 0 0%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Gold Reserve Inc. Research and Development Expenses
Year Research and Development Expenses Growth
1989 0
1990 0 0%
1991 0 0%
1992 0 0%
1993 0 0%
1994 0 0%
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Gold Reserve Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
1989 0
1990 0 0%
1991 0 0%
1992 0 0%
1993 0 0%
1994 0 0%
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 14.627.690 100%
2009 10.645.650 -37.41%
2010 3.288.691 -223.7%
2011 17.378.695 81.08%
2012 8.274.939 -110.02%
2013 3.625.664 -128.23%
2014 4.222.178 14.13%
2015 3.295.175 -28.13%
2016 4.979.528 33.83%
2017 25.422.760 80.41%
2018 8.608.989 -195.3%
2019 6.693.233 -28.62%
2020 5.846.143 -14.49%
2021 7.264.445 19.52%
2022 7.074.458 -2.69%
2023 5.769.864 -22.61%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Gold Reserve Inc. EBITDA
Year EBITDA Growth
1989 2.600.000
1990 7.400.000 64.86%
1991 2.900.000 -155.17%
1992 100.000 -2800%
1993 100.000 0%
1994 1.300.000 92.31%
1995 1.400.000 7.14%
1996 100.000 -1300%
1997 169.880 41.13%
1998 230.213 26.21%
1999 1.171.932 80.36%
2000 -1.648.494 171.09%
2001 -2.124.161 22.39%
2002 -2.702.976 21.41%
2003 -4.764.864 43.27%
2004 -5.687.681 16.22%
2005 -9.313.985 38.93%
2006 -10.740.980 13.29%
2007 -14.498.537 25.92%
2008 -7.840.519 -84.92%
2009 -7.266.012 -7.91%
2010 -12.741.310 42.97%
2011 -14.951.959 14.79%
2012 -10.801.084 -38.43%
2013 -5.835.185 -85.1%
2014 -6.144.568 5.04%
2015 -4.407.030 -39.43%
2016 -7.691.626 42.7%
2017 -33.624.191 77.12%
2018 -14.290.711 -135.29%
2019 -5.360.881 -166.57%
2020 -2.422.309 -121.31%
2021 -7.699.872 68.54%
2022 -5.604.517 -37.39%
2023 -6.609.796 15.21%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Gold Reserve Inc. Gross Profit
Year Gross Profit Growth
1989 2.600.000
1990 7.400.000 64.86%
1991 2.900.000 -155.17%
1992 100.000 -2800%
1993 100.000 0%
1994 1.300.000 92.31%
1995 1.400.000 7.14%
1996 100.000 -1300%
1997 100.000 0%
1998 100.000 0%
1999 1.171.932 91.47%
2000 13.891 -8336.63%
2001 0 0%
2002 0 0%
2003 0 0%
2004 899.881 100%
2005 1.402.868 35.85%
2006 8.252.058 83%
2007 6.499.084 -26.97%
2008 -243.053 2773.94%
2009 2.876.784 108.45%
2010 -2.950.366 197.51%
2011 -1.192.699 -147.37%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 -324.413 100%
2023 0 0%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Gold Reserve Inc. Net Profit
Year Net Profit Growth
1989 -900.000
1990 -200.000 -350%
1991 -900.000 77.78%
1992 -1.000.000 10%
1993 -2.800.000 64.29%
1994 -23.700.000 88.19%
1995 -300.000 -7800%
1996 -800.000 62.5%
1997 -1.500.000 46.67%
1998 -2.500.000 40%
1999 -2.046.596 -22.15%
2000 -1.311.064 -56.1%
2001 -851.180 -54.03%
2002 -3.008.122 71.7%
2003 -3.707.336 18.86%
2004 -5.482.629 32.38%
2005 -9.027.282 39.27%
2006 -6.976.745 -29.39%
2007 -12.411.493 43.79%
2008 -19.726.121 37.08%
2009 -165.449.828 88.08%
2010 -23.546.934 -602.64%
2011 -23.612.393 0.28%
2012 -10.025.101 -135.53%
2013 -15.436.410 35.06%
2014 -24.880.770 37.96%
2015 -18.135.897 -37.19%
2016 -21.545.692 15.83%
2017 89.510.876 124.07%
2018 41.858.370 -113.84%
2019 -13.146.898 418.39%
2020 -11.517.285 -14.15%
2021 -11.817.570 2.54%
2022 -11.484.372 -2.9%
2023 -73.802.304 84.44%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Gold Reserve Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1989 0
1990 0 0%
1991 0 0%
1992 0 0%
1993 0 0%
1994 -2 100%
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 -3 100%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 1 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 -1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Gold Reserve Inc. Free Cashflow
Year Free Cashflow Growth
1996 -7.733.557
1997 -11.250.716 31.26%
1998 -5.143.430 -118.74%
1999 -4.271.944 -20.4%
2000 -2.394.918 -78.38%
2001 -2.295.229 -4.34%
2002 -2.250.213 -2%
2003 -2.924.702 23.06%
2004 -10.424.978 71.95%
2005 -13.303.749 21.64%
2006 -26.258.173 49.33%
2007 -50.364.637 47.86%
2008 -52.557.810 4.17%
2009 -32.901.786 -59.74%
2010 -29.925.376 -9.95%
2011 -17.949.921 -66.72%
2012 -13.330.768 -34.65%
2013 -11.080.341 -20.31%
2014 -7.385.735 -50.02%
2015 -8.904.690 17.06%
2016 -11.241.557 20.79%
2017 -47.585.624 76.38%
2018 -64.337.714 26.04%
2019 -10.283.979 -525.61%
2020 -4.605.562 -123.29%
2021 -8.613.109 46.53%
2022 -6.362.584 -35.37%
2023 -1.198.535 -430.86%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Gold Reserve Inc. Operating Cashflow
Year Operating Cashflow Growth
1996 -510.707
1997 -1.816.886 71.89%
1998 -2.343.842 22.48%
1999 -1.791.460 -30.83%
2000 -737.016 -143.07%
2001 -874.378 15.71%
2002 -2.244.724 61.05%
2003 -2.898.151 22.55%
2004 -3.958.098 26.78%
2005 -7.729.508 48.79%
2006 -11.179.770 30.86%
2007 -5.675.305 -96.99%
2008 -13.858.222 59.05%
2009 -15.130.345 8.41%
2010 -20.428.684 25.94%
2011 -17.899.443 -14.13%
2012 -13.171.630 -35.89%
2013 -10.952.056 -20.27%
2014 -7.235.735 -51.36%
2015 -8.904.690 18.74%
2016 -10.891.557 18.24%
2017 -46.993.095 76.82%
2018 -64.248.035 26.86%
2019 -10.273.969 -525.35%
2020 -4.558.809 -125.37%
2021 -8.610.728 47.06%
2022 -6.362.584 -35.33%
2023 -1.198.535 -430.86%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Gold Reserve Inc. Capital Expenditure
Year Capital Expenditure Growth
1996 7.222.850
1997 9.433.830 23.44%
1998 2.799.589 -236.97%
1999 2.480.483 -12.86%
2000 1.657.902 -49.62%
2001 1.420.851 -16.68%
2002 5.489 -25785.43%
2003 26.551 79.33%
2004 6.466.880 99.59%
2005 5.574.241 -16.01%
2006 15.078.403 63.03%
2007 44.689.332 66.26%
2008 38.699.588 -15.48%
2009 17.771.441 -117.76%
2010 9.496.692 -87.13%
2011 50.478 -18713.53%
2012 159.138 68.28%
2013 128.285 -24.05%
2014 150.000 14.48%
2015 0 0%
2016 350.000 100%
2017 592.529 40.93%
2018 89.679 -560.72%
2019 10.010 -795.89%
2020 46.753 78.59%
2021 2.381 -1863.59%
2022 0 0%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Gold Reserve Inc. Equity
Year Equity Growth
1996 67.194.397
1997 66.456.094 -1.11%
1998 65.236.923 -1.87%
1999 63.114.523 -3.36%
2000 62.130.206 -1.58%
2001 61.167.069 -1.57%
2002 58.412.021 -4.72%
2003 65.138.471 10.33%
2004 84.176.058 22.62%
2005 79.637.766 -5.7%
2006 100.972.012 21.13%
2007 201.320.809 49.85%
2008 185.106.436 -8.76%
2009 19.917.600 -829.36%
2010 -412.755 4925.53%
2011 -25.804.098 98.4%
2012 6.419.861 501.94%
2013 -2.933.915 318.82%
2014 -20.976.433 86.01%
2015 -19.855.927 -5.64%
2016 2.814.378 805.52%
2017 125.770.249 97.76%
2018 167.940.826 25.11%
2019 79.284.734 -111.82%
2020 68.424.224 -15.87%
2021 60.029.882 -13.98%
2022 51.592.584 -16.35%
2023 30.645.253 -68.35%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Gold Reserve Inc. Assets
Year Assets Growth
1996 73.760.625
1997 73.234.476 -0.72%
1998 67.450.551 -8.58%
1999 64.630.374 -4.36%
2000 63.502.322 -1.78%
2001 62.550.660 -1.52%
2002 59.842.523 -4.53%
2003 67.030.482 10.72%
2004 86.605.531 22.6%
2005 81.954.872 -5.67%
2006 104.615.721 21.66%
2007 281.898.903 62.89%
2008 287.614.514 1.99%
2009 119.915.020 -139.85%
2010 98.430.366 -21.83%
2011 78.340.069 -25.64%
2012 28.437.052 -175.49%
2013 22.756.769 -24.96%
2014 19.409.084 -17.25%
2015 22.380.727 13.28%
2016 48.488.677 53.84%
2017 150.700.534 67.82%
2018 168.653.346 10.64%
2019 80.268.951 -110.11%
2020 69.435.303 -15.6%
2021 60.640.443 -14.5%
2022 52.943.925 -14.54%
2023 41.415.266 -27.84%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Gold Reserve Inc. Liabilities
Year Liabilities Growth
1996 5.617.773
1997 5.800.059 3.14%
1998 1.237.027 -368.87%
1999 551.219 -124.42%
2000 335.103 -64.49%
2001 320.772 -4.47%
2002 350.261 8.42%
2003 765.860 54.27%
2004 1.307.635 41.43%
2005 1.187.565 -10.11%
2006 1.914.633 37.97%
2007 78.262.558 97.55%
2008 102.508.078 23.65%
2009 99.997.420 -2.51%
2010 98.843.121 -1.17%
2011 104.144.167 5.09%
2012 22.017.191 -373.01%
2013 25.690.684 14.3%
2014 40.385.517 36.39%
2015 42.236.654 4.38%
2016 45.674.299 7.53%
2017 24.930.285 -83.21%
2018 712.520 -3398.89%
2019 984.217 27.61%
2020 1.011.079 2.66%
2021 610.561 -65.6%
2022 1.351.341 54.82%
2023 10.770.013 87.45%

Gold Reserve Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0
Net Income per Share
-0.24
Price to Earning Ratio
-12.6x
Price To Sales Ratio
639.95x
POCF Ratio
-40.64
PFCF Ratio
-40.64
Price to Book Ratio
9.75
EV to Sales
632.81
EV Over EBITDA
-67.43
EV to Operating CashFlow
-40.19
EV to FreeCashFlow
-40.19
Earnings Yield
-0.08
FreeCashFlow Yield
-0.02
Market Cap
0,30 Bil.
Enterprise Value
0,30 Bil.
Graham Number
1.28
Graham NetNet
0.29

Income Statement Metrics

Net Income per Share
-0.24
Income Quality
0.31
ROE
-0.52
Return On Assets
-0.57
Return On Capital Employed
-0.15
Net Income per EBT
3.68
EBT Per Ebit
1.45
Ebit per Revenue
-9.54
Effective Tax Rate
-2.67

Margins

Sales, General, & Administrative to Revenue
13.19
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
-0.49
Gross Profit Margin
-0.8
Operating Profit Margin
-9.54
Pretax Profit Margin
-13.82
Net Profit Margin
-50.79

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.07
Free CashFlow per Share
-0.07
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
-0.53
Return on Tangible Assets
-0.57
Days Sales Outstanding
0
Days Payables Outstanding
579.51
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0.63
Inventory Turnover
0
Capex per Share
0

Balance Sheet

Cash per Share
0,40
Book Value per Share
0,31
Tangible Book Value per Share
0.31
Shareholders Equity per Share
0.31
Interest Debt per Share
-0
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
0.76
Current Ratio
3.81
Tangible Asset Value
0,03 Bil.
Net Current Asset Value
0,03 Bil.
Invested Capital
0
Working Capital
0,03 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
387500
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Gold Reserve Inc. Dividends
Year Dividends Growth

Gold Reserve Inc. Profile

About Gold Reserve Inc.

Gold Reserve Inc., an exploration stage company, acquires, explores, and develops mining properties. It primarily focuses on the Siembra Minera project that holds gold, copper, silver, and other strategic mineral rights comprising an area of approximately 18,950 hectares located in Bolivar, Venezuela. The company was incorporated in 1956 and is based in Spokane, Washington.

CEO
Mr. James Hayward Coleman BBA,
Employee
5
Address
999 West Riverside Avenue
Spokane, 99201

Gold Reserve Inc. Executives & BODs

Gold Reserve Inc. Executives & BODs
# Name Age
1 Mr. James Hayward Coleman BBA, LLB, Q.C.
President & Chairman Emeritus
70
2 Mr. David P. Onzay
Chief Financial Officer
70

Gold Reserve Inc. Competitors