Gold Reserve Inc.
Other OTCRecent
price
P/E
ratio
div
yld
- -
ROIC.AI
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- Similar Companies
- Business
- Gold Reserve Inc. Gold Reserve Ltd. (Ticker: GDRZF) engages primarily in the management and monetization of legal and arbitral claims arising from its historical mining interests; these claims encompass ongoing proceedings related to the CITGO bid through its subsidiary Dalinar Energy Corporation for shares in PDV Holding Inc., the indirect parent of CITGO Petroleum Corp., Portugal attachment proceedings targeting funds linked to a state-owned development bank, and Siembra Minera arbitration against the Bolivarian Republic of Venezuela under ICSID rules for rights in the Siembra Minera mining project in Bolivar State, Venezuela. The company maintains an early-stage exploration interest in the LMS Gold Project located in Alaska, United States, comprising wholly owned mining claims in the Goodpaster Mining District; it previously focused on gold and copper projects such as Brisas and Las Cristinas in Venezuela before government expropriation in 2008 led to international arbitration. Gold Reserve Inc. operates through subsidiaries including those in Barbados and Delaware, targeting recovery from judgments and awards including an ICSID arbitral award and a 2016 settlement agreement under which it has received approximately $254 million, with remaining payments outstanding; its major investors comprise U.S. firms Camac Partners LLC, Greywolf Capital Management LP, and Steelhead Partners LLC. Founded in 1956 as Gold Reserve Corporation in the United States and incorporated in 1998 under Yukon Territory laws, with subsequent continuations to Alberta in 2014 and Bermuda in September 2024, the company is headquartered in Pembroke, Bermuda, and maintains an operational office in Spokane, Washington; it lists Class A shares on the TSX Venture Exchange (GRZ.V) and trades on OTCQX (GDRZF). Recent developments include Dalinar Energy Corporation, in consortium with creditors such as Rusoro Mining Ltd., Koch Minerals Sarl, and Siemens Energy Inc., achieving designation as the final recommended bidder at US$7.382 billion for PDV Holding in July 2025, surpassing prior offers and positioning Gold Reserve for approximately 44% common equity (85% voting shares) and at least $150 million in preferred equity upon court approval expected in late 2025; executive changes feature CEO transitions with Allen Palmiere assuming the role in April 2025, James H. Coleman retiring as president in December 2024, and Rockne J. Timm departing as prior CEO in February 2024; ongoing U.S. District Court proceedings in Delaware denied a motion to disqualify the special master in November 2025 amid efforts to finalize the CITGO-related sale.
India's central bank likely sold $12 billion gold reserve in just two weeks to support the rupee – BE report
Gold Reserve Announces Signing of an Earn-In Agreement with Augusta Capital to Expedite Venezuela Mining and Schedules Update Conference Call
‘I wonder if they left the gold in Fort Knox, because they steal a lot' – Trump speculates on U.S. gold reserve
Gold Reserve Announces Board Approval of Spin-Out Transactions
Gold Reserve Welcomes Venezuela's New Mining Law
Central Banks Are Buying Gold at Record Levels. Trump Is Working to Unlock America's Largest Gold Reserve.
Gold Reserve Welcomes Venezuela's Proposed New Mining Law
Gold Reserve Announces Settlement of certain Contingent Value Rights and Bonus Entitlements
Gold Reserve Notes Issuance of OFAC General License 51 Related to Venezuelan-Origin Gold
Gold Reserve Returns to Venezuela
Gold Reserve Provides Update in Citgo Sale Process: Gold Reserve Files Reply Brief With the Third Circuit
Gold Reserve Closes Strategic US$75 Million Financing
Gold Reserve Announces Upsizing of Previously Announced Common Share Financing to US$75 Million
Gold Reserve Announces US$50 Million Common Share Financing with Strategic Investors
Gold Reserve Announces Filing of Opposition to Defendant Rusoro Mining Ltd.'s Motion to Dismiss in Delaware Court of Chancery
Gold Reserve Announces Stock Option Grants
Gold Reserve Provides Update in Citgo Sale Process: Gold Reserve Files Appeal
Gold Reserve Applauds President Trump's Action to Bring Maduro to Justice
Contrasting Jaguar Mining (OTCMKTS:JAGGF) and Gold Reserve (OTCMKTS:GDRZF)
Gold Reserve Provides Update in CITGO Sale Process: Gold Reserve Files Statement in Support of Stay Pending Appeal