Gold Reserve September-quarter net loss narrows 44% year on year to USD 5.22 million
Bitget2026/11/06 13:54- Gold Reserve’s net loss narrowed 44% year over year to USD 5.22 million for the three months ended September 30, 2026.
- Interest income rose 31% year over year to USD 1.1 million for the same period.
- Award enforcement expenses fell 97% year over year to USD 272,816, due to lower legal and other costs in Delaware and Portugal.
- Cash and cash equivalents climbed 69% from December 31, 2025, to USD 116.43 million at September 30, 2026.
- The company is evaluating a spin-out of its Venezuelan mining interests and Alaskan property into American Heralds, with completion timing uncertain.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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