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Gold Reserve ( (TSE:GRZ) ) has issued an announcement.
Gold Reserve Ltd. has granted 1,525,000 stock options to its directors, officers, employees and key consultants, exercisable over five years at US$3.64 per share under the company’s equity incentive plan, aligning management and staff compensation with shareholder interests. The company also strengthened its executive bench by appointing Sai Ahmed as Chief Operating Officer and Mackenzie Clark as Chief Legal Officer, moves that underscore a focus on operational execution and legal and regulatory oversight as it advances its strategic plans.
The most recent analyst rating on (TSE:GRZ) stock is a Hold with a C$4.50 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 held back primarily by weak financial performance (persistent losses and ongoing cash burn despite low debt). Technicals are supportive due to strong momentum above key moving averages, but the overbought RSI reduces the technical score. Valuation is constrained by the negative P/E and lack of dividend yield data.
To see Spark’s full report on TSE:GRZ stock, click here.
More about Gold Reserve
Gold Reserve Ltd. is a Bermuda-based company listed on the TSX Venture Exchange, Bermuda Stock Exchange and OTCQX, operating in the mining and natural resources sector, with a focus on gold-related assets and projects.
Average Trading Volume: 54,828
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$618.5M
See more insights into GRZ stock on TipRanks’ Stock Analysis page.