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Gold Reserve ( (TSE:GRZ) ) has issued an announcement.
Gold Reserve has publicly endorsed recent U.S. actions aimed at bringing Venezuelan leader Nicolás Maduro to justice, tying its support to the regime’s alleged human rights abuses, including the imprisonment and mistreatment of company colleague Jose Ignacio Moreno Suarez. The company highlights its long-running disputes with Venezuela over the expropriation of its Brisas project and Siembra Minera joint venture, denounces the alleged illegal mining of those assets under Maduro’s control, and says that while it cannot predict if or when it can resume operations in the country, it remains financially and operationally prepared to return and participate in a post-Maduro transition and recovery once conditions permit.
The most recent analyst rating on (TSE:GRZ) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Gold Reserve stock, see the TSE:GRZ Stock Forecast page.
Spark’s Take on TSE:GRZ Stock
According to Spark, TipRanks’ AI Analyst, TSE:GRZ is a Neutral.
The score is primarily constrained by weak financial performance—persistent losses and ongoing cash burn despite a low-debt balance sheet. Technicals are only mildly supportive (near-term strength but longer-term trend still weak), while valuation offers limited support due to losses and no dividend. Corporate events add uncertainty given frequent adverse legal updates, partially offset by a favorable arbitration award and resolved tax audit.
To see Spark’s full report on TSE:GRZ stock, click here.
More about Gold Reserve
Gold Reserve Ltd. is a majority U.S.-owned mining company focused on the exploration and development of large gold and copper deposits in Venezuela, where it historically advanced some of South America’s largest gold and copper projects before suffering expropriations under successive Venezuelan governments.
YTD Price Performance: 3.51%
Average Trading Volume: 21,335
Technical Sentiment Signal: Sell
Current Market Cap: C$289.6M
Learn more about GRZ stock on TipRanks’ Stock Analysis page.