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TSXV/GRZ (TSXV/GRZ)

TSX Venture Exchange: TSXV/GRZ · CAD

CA$5.97

-0.29 (-4.6%)· Recorded snapshot

Market cap	892.5M
Net income (ttm)	-51.9M
EPS (ttm)	-CA$0.39
Volume	10,731
Beta	0.47

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Net income (ttm): -51.9M
EPS (ttm): -CA$0.39
Market cap: 892.5M

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Metric	Value
Amount currency	CAD
Country	Bermuda
Country code	CA
Earnings date	2026-11-13
Employees	3
Employees change	0
Employees growth	0%
Enterprise value	CAD 706.2M
Exchange	TSX Venture Exchange
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1956
Industry	Gold
Is primary listing	No
ISIN number	CA38068N3067
Last earnings date	2025-11-19
Last refreshed	2026-10-28
Market cap	CAD 892.5M
Next earnings date	2026-11-13
Price	CAD 5.97
Price currency	CAD
Sector	Materials
SIC code	1040
Stock price date	2026-10-28
Symbol	tsxv/GRZ
Website	https://goldreserve.bm

Metric

Value

Amount currency

CAD

Country

Bermuda

Country code

Earnings date

2026-11-13

Employees

Employees change

Employees growth

Enterprise value

CAD 706.2M

Exchange

TSX Venture Exchange

Financial currency

USD

Financial report date

2026-06-30

First seen

2026-05-10

Fiscal year end

December

Founded

1956

Industry

Gold

Is primary listing

ISIN number

CA38068N3067

Last earnings date

2025-11-19

Last refreshed

2026-10-28

Market cap

CAD 892.5M

Next earnings date

2026-11-13

Price

CAD 5.97

Price currency

CAD

Sector

Materials

SIC code

1040

Stock price date

2026-10-28

Symbol

tsxv/GRZ

Website

https://goldreserve.bm

Metric	Value
Earnings yield	-6.59%
FCF / EV yield	-7.11%
FCF yield	-5.69%
Industry forward P/E	13.73x
Industry P/E	15.92x
P/B ratio	5.46x
Price / tangible book value	5.46x
Sector forward P/E	15.49x
Sector P/E	22.65x

Metric

Value

Earnings yield

-6.59%

FCF / EV yield

-7.11%

FCF yield

-5.69%

Industry forward P/E

13.73x

Industry P/E

15.92x

P/B ratio

5.46x

Price / tangible book value

5.46x

Sector forward P/E

15.49x

Sector P/E

22.65x

Metric	Value
Profit per employee	CAD -17.3M
ROA	-11.24%
ROA (5Y)	-8.69%
ROCE	-15.26%
ROE	-42.08%
ROE (5Y)	-35.36%
ROIC	-13.22%

Metric

Value

Profit per employee

CAD -17.3M

ROA

-11.24%

ROA (5Y)

-8.69%

ROCE

-15.26%

ROE

-42.08%

ROE (5Y)

-35.36%

ROIC

-13.22%

Metric	Value
EPS growth quarters	2
EPS growth years	0
Net income growth years	0
Revenue growth years	0

Metric

Value

EPS growth quarters

EPS growth years

Net income growth years

Revenue growth years

Metric	Value
Capital expenditures	CAD -5,903
Depreciation and amortization	CAD -39,482
EBIT	CAD -26.1M
EBITDA	CAD -26.2M
EPS	CAD -0.39
Financing cash flow	CAD 143.5M
Free cash flow	CAD -53.3M
Free cash flow minus SBC	CAD -57.6M
Income taxes	CAD 1.4M
Investing cash flow	CAD -3.9M
Net borrowing	CAD -189,722
Net cash flow	CAD 86.3M
Net income	CAD -51.9M
Operating cash flow minus SBC	CAD -57.6M
Operating income	CAD -26.1M
Stock-based compensation	CAD 4.3M

Metric

Value

Capital expenditures

CAD -5,903

Depreciation and amortization

CAD -39,482

EBIT

CAD -26.1M

EBITDA

CAD -26.2M

EPS

CAD -0.39

Financing cash flow

CAD 143.5M

Free cash flow

CAD -53.3M

Free cash flow minus SBC

CAD -57.6M

Income taxes

CAD 1.4M

Investing cash flow

CAD -3.9M

Net borrowing

CAD -189,722

Net cash flow

CAD 86.3M

Net income

CAD -51.9M

Operating cash flow minus SBC

CAD -57.6M

Operating income

CAD -26.1M

Stock-based compensation

CAD 4.3M

Metric	Value
Book value per share	CAD 1.16
Debt / equity	0
Interest coverage	-788.5
Long-term assets	CAD 2.6M
Long-term liabilities	CAD 201,872
Net cash (debt)	CAD 188.3M
Net cash / market cap	20.13%
Net cash growth	93.64%
Net debt / equity	-1.1
Piotroski F-Score	1
Property, plant and equipment	CAD 667,334
Shareholders' equity	CAD 171.3M
Tangible book value	CAD 171.3M
Tangible book value per share	CAD 1.16
Total assets	CAD 190.7M
Total cash	CAD 188.5M
Total debt	CAD 164,226
Total liabilities	CAD 19.4M
WACC	6.84%

Metric

Value

Book value per share

CAD 1.16

Debt / equity

Interest coverage

-788.5

Long-term assets

CAD 2.6M

Long-term liabilities

CAD 201,872

Net cash (debt)

CAD 188.3M

Net cash / market cap

20.13%

Net cash growth

93.64%

Net debt / equity

-1.1

Piotroski F-Score

Property, plant and equipment

CAD 667,334

Shareholders' equity

CAD 171.3M

Tangible book value

CAD 171.3M

Tangible book value per share

CAD 1.16

Total assets

CAD 190.7M

Total cash

CAD 188.5M

Total debt

CAD 164,226

Total liabilities

CAD 19.4M

WACC

6.84%

Metric	Value
Current assets	CAD 188M
Current liabilities	CAD 19.2M
Current ratio	9.78
Net working capital	CAD -17.8M
Quick ratio	9.7
Working capital	CAD 170.6M

Metric

Value

Current assets

CAD 188M

Current liabilities

CAD 19.2M

Current ratio

9.78

Net working capital

CAD -17.8M

Quick ratio

9.7

Working capital

CAD 170.6M

Metric	Value
Buyback yield / dilution	-15.55%
Shareholder yield	-15.55%

Metric

Value

Buyback yield / dilution

-15.55%

Shareholder yield

-15.55%

Metric	Value
10Y price change	4.92%
10Y return CAGR	0.48%
10Y total return	4.92%
150-day SMA	CAD 6.45
15Y price change	125.28%
15Y return CAGR	5.56%
15Y total return	125.28%
1D price change	-4.63%
1M price change	-11.03%
1M total return	-11.03%
1W price change	-16.15%
1W total return	-16.15%
1Y price change	194.09%
1Y return CAGR	194.31%
1Y total return	194.09%
20-day SMA	CAD 7.00
200-day SMA	CAD 6.20
20Y price change	35.07%
20Y return CAGR	1.51%
20Y total return	35.07%
3M price change	-8.15%
3M total return	-8.15%
3Y price change	82.01%
3Y return CAGR	22.09%
3Y total return	82.01%
50-day SMA	CAD 6.82
50-day SMA vs 200-day SMA	50over200
52-week high	CAD 7.60
52-week high date	2026-03-11
52-week low	CAD 1.45
52-week low date	2025-11-27
5Y price change	200%
5Y return CAGR	24.58%
5Y total return	200%
6M price change	10.56%
6M total return	10.56%
All-time high	CAD 23.50
All-time high date	1993-11-18
All-time low	CAD 0.29
All-time low date	2008-12-10
Average true range (ATR)	CAD 0.25
Average volume	15K
Beta (5Y)	0.47
Change from 52-week high	-21.45%
Change from 52-week low	311.72%
Change from all-time high	-74.6%
Change from all-time low	1,958.62%
Change from open	-5.24%
Day's gap	0.64%
Dollar volume	CAD 64,064
High price	CAD 6.30
Low price	CAD 5.95
Monthly RSI	58.6
Open price	CAD 6.30
Position in 52-week range	5.71%
Previous close	CAD 6.26
Price vs 150-day SMA	-7.43%
Price vs 20-day SMA	-14.76%
Price vs 200-day SMA	-3.73%
Price vs 50-day SMA	-12.5%
Relative volume	0.72
RSI	23.28
Sharpe ratio	1.39
Sharpe ratio (3Y)	0.61
Sharpe ratio (5Y)	0.66
Sortino ratio	4.15
Sortino ratio (3Y)	1.06
Sortino ratio (5Y)	1.13
Volume	10.7K
Weekly RSI	44.31
YTD price change	161.84%
YTD total return	161.84%

Metric

Value

10Y price change

4.92%

10Y return CAGR

0.48%

10Y total return

4.92%

150-day SMA

CAD 6.45

15Y price change

125.28%

15Y return CAGR

5.56%

15Y total return

125.28%

1D price change

-4.63%

1M price change

-11.03%

1M total return

-11.03%

1W price change

-16.15%

1W total return

-16.15%

1Y price change

194.09%

1Y return CAGR

194.31%

1Y total return

194.09%

20-day SMA

CAD 7.00

200-day SMA

CAD 6.20

20Y price change

35.07%

20Y return CAGR

1.51%

20Y total return

35.07%

3M price change

-8.15%

3M total return

-8.15%

3Y price change

82.01%

3Y return CAGR

22.09%

3Y total return

82.01%

50-day SMA

CAD 6.82

50-day SMA vs 200-day SMA

50over200

52-week high

CAD 7.60

52-week high date

2026-03-11

52-week low

CAD 1.45

52-week low date

2025-11-27

5Y price change

200%

5Y return CAGR

24.58%

5Y total return

200%

6M price change

10.56%

6M total return

10.56%

All-time high

CAD 23.50

All-time high date

1993-11-18

All-time low

CAD 0.29

All-time low date

2008-12-10

Average true range (ATR)

CAD 0.25

Average volume

15K

Beta (5Y)

0.47

Change from 52-week high

-21.45%

Change from 52-week low

311.72%

Change from all-time high

-74.6%

Change from all-time low

1,958.62%

Change from open

-5.24%

Day's gap

0.64%

Dollar volume

CAD 64,064

High price

CAD 6.30

Low price

CAD 5.95

Monthly RSI

58.6

Open price

CAD 6.30

Position in 52-week range

5.71%

Previous close

CAD 6.26

Price vs 150-day SMA

-7.43%

Price vs 20-day SMA

-14.76%

Price vs 200-day SMA

-3.73%

Price vs 50-day SMA

-12.5%

Relative volume

0.72

RSI

23.28

Sharpe ratio

1.39

Sharpe ratio (3Y)

0.61

Sharpe ratio (5Y)

0.66

Sortino ratio

4.15

Sortino ratio (3Y)

1.06

Sortino ratio (5Y)

1.13

Volume

10.7K

Weekly RSI

44.31

YTD price change

161.84%

YTD total return

161.84%

Metric	Value
Float	129.2M
Shares change (QoQ)	12.14%
Shares change (YoY)	15.55%
Shares held by insiders	0.21%
Shares held by institutions	0.57%
Short ratio	0 days

Metric

Value

Float

129.2M

Shares change (QoQ)

12.14%

Shares change (YoY)

15.55%

Shares held by insiders

0.21%

Shares held by institutions

0.57%

Short ratio

0 days

TSXV/GRZ (TSXV/GRZ)

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