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Gold Reserve GRZ.V · CAD

Materials · TSX Venture · 🇨🇦 Canada

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5.04

-4.91%

Close of 9 Nov 2026, in CAD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Net income

−$34.3m

FY2016FY2025

Free cash flow

−$30.1m

FY2016FY2025

Shareholders' equity

$60.1m

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross profit———————$53.2m——
Research and development————————$83,859$320,611
Operating income−$10.2m−$12.0m−$6.8m−$7.4m−$9.1m−$7.5m−$6.7m−$8.6m−$26.2m−$5.3m
Net income−$34.3m−$15.2m−$23.1m−$8.6m−$10.6m−$11.5m−$13.1m$41.9m$89.5m−$21.5m
Diluted earnings per share-0.33-0.15-0.23-0.09-0.11-0.12-0.130.420.90-0.24

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$78.8m$79.0m$39.7m$52.9m$60.6m$69.4m$80.3m$168.7m$150.7m$48.5m
Total liabilities$18.8m$13.9m$11.2m$1.4m$610,561$1.0m$984,217$712,520$24.9m$45.7m
Debt—————————$87.9m
Shareholders' equity$60.1m$65.1m$28.6m$51.6m$60.0m$68.4m$79.3m$167.9m$125.8m$2.8m
Shares outstanding104m104m100m100m100m99m99m99m99m90m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations−$29.9m−$12.1m−$7.4m−$6.4m−$8.6m−$4.6m−$10.3m−$64.2m−$47.0m−$10.9m
Capital spending−$107,955———−$2,381−$46,753−$10,010−$89,679−$592,529−$350,000
Free cash flow−$30.1m−$12.1m−$7.4m−$6.4m−$8.6m−$4.6m−$10.3m−$64.3m−$47.6m−$11.2m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Operating income−$4.6m−$8.3m−$3.2m−$2.4m−$2.3m−$2.4m−$4.5m−$2.6m
Net income−$4.3m−$10.6m−$12.3m−$9.3m−$4.0m−$8.6m−$6.5m−$3.1m
Diluted earnings per share-0.04-0.10-0.12-0.09-0.04-0.08-0.06-0.03
Cash from operations−$7.0m−$10.0m−$13.0m−$6.0m−$7.0m−$3.0m−$3.0m−$3.0m
Total assets$134.3m$140.9m$78.8m$92.6m$70.3m$75.9m$79.0m$83.4m
Shareholders' equity$120.6m$123.7m$60.1m$72.4m$53.1m$56.9m$65.1m$70.3m

Growth per year

Compound annual rate

3 years5 years10 years
Operating income11.7%6.5%8.8%
Net income58.6%24.4%6.6%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020
Price to earnings-5.0-6.4-2.3-2.9-2.0-2.6

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 12 Jun 2019.

FY2019
Paid in the year0.76

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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