Gold Reserve Inc. A Stock
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Your prediction
Gold Reserve Inc. A Stock
Gold Reserve Inc. is a well-established mining company that focuses on the exploration, development, and acquisition of mining projects in various locations around the world. With a strong commitment to environmentally responsible and sustainable practices, the company's primary operations are centered around gold and copper assets, offering potential investors a diverse portfolio of opportunities to invest in this precious metals sector. While being listed on numerous stock exchanges, Gold Reserve consistently strives to maximize shareholder value through a continuous evaluation of its projects, leading to the identification of new prospects and growth opportunities.
Pros and Cons of Gold Reserve Inc. A in the next few years
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Performance of Gold Reserve Inc. A vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Gold Reserve Inc. A | - | - | - | - | - | - | - |
| International Tower Hill M. | -4.490% | 18.103% | 9.019% | 52.788% | 91.608% | 28.037% | 204.444% |
| Dynacor Group Inc. | 0.680% | -4.575% | -5.195% | -19.780% | -23.158% | 25.862% | - |
| Torex Gold Resources Inc. | -0.670% | 4.950% | 4.287% | 109.605% | 57.120% | 209.038% | 164.882% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Upon initially examining the financial statements for Gold Reserve, a company within the Metals & Mining industry, it appears that the company is experiencing some struggles. Over the past couple of years, its financial position seems to have deteriorated, as shown in its balance sheet, cash flow, and income statement. Digging deeper into the details provides a clearer perspective on the company's financial situation.
Positive Net Working Capital: Throughout the considered years, Gold Reserve has maintained a healthy net working capital position. This reflects that the company has sufficient short-term assets to cover its upcoming liabilities and could be a good sign of liquidity.
Low Debt Relative to Equity: Gold Reserve has a very low debt-to-equity ratio, implying that the company has primarily financed its operations through equity rather than debt. This could indicate that the company has been cautious in taking on debt, thereby minimizing its financial risk.