Gold Reserve (FRA:97Z) Marketable Securities: €14.81 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:97Z Gold Reserve Ltd FRA:97Z
33 GF Score
Price €4.00
! 3 Warning Signs
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What is Gold Reserve Marketable Securities?

Gold Reserve FRA:97Z -0.50% 33 Marketable Securities is €14.81 Mil as of Mar. 2026. GuruFocus rates FRA:97Z with a GF Score™ of 33/100. The stock has 3 warning signs investors should review.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Gold Reserve's Marketable Securities for the quarter that ended in Mar. 2026 was €14.81 Mil.

Gold Reserve's annual Marketable Securities increased from Dec. 2023 (€28.00 Mil) to Dec. 2024 (€33.99 Mil) but then declined from Dec. 2024 (€33.99 Mil) to Dec. 2025 (€7.77 Mil).

Gold Reserve  (FRA:97Z) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Gold Reserve Marketable Securities Related Terms

Gold Reserve Marketable Securities Historical Data

* Premium members only.

The historical data trend for Gold Reserve's Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gold Reserve Marketable Securities Chart

Gold Reserve Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 26.05 28.00 33.99 7.77

Gold Reserve Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.85 14.59 1.95 7.77 14.81
FRA:97Z
33GF Score
Gold Reserve Ltd FRA:97Z
Marketable Securities is just one metric. See GF Score™, valuation, warning signs, and more.
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Gold Reserve Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of €14.81 Mil mean?
Gold Reserve (FRA:97Z) has a Marketable Securities of €14.81 Mil as of Mar. 2026. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Gold Reserve and its competitors.
Is Gold Reserve's Marketable Securities too high?
Gold Reserve's current Marketable Securities is €14.81 Mil. Overall, Gold Reserve has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Gold Reserve's Marketable Securities compare to NEM and AU?
Gold Reserve's Marketable Securities of €14.81 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Marketable Securities for a Metals & Mining company?
A good Marketable Securities depends on the Metals & Mining industry context. However, Marketable Securities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Gold Reserve and its competitors. Gold Reserve's current Marketable Securities is €14.81 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Reserve stock overvalued right now?
Gold Reserve (FRA:97Z) has a current Marketable Securities of €14.81 Mil. The current Marketable Securities is €14.81 Mil. Gold Reserve's overall GF Score™ is 33/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For Gold Reserve (FRA:97Z), the current Marketable Securities is €14.81 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Gold Reserve Business Description

Address 11 Bermudiana Road, Rosebank Centre, 5th Floor, Pembroke, BMU, HM 08
Gold Reserve Ltd is focused on managing and monetizing a collection of legal and arbitral claims. These claims include the CITGO Proceedings, Portugal Attachment Proceedings, and the Siembra Minera Arbitration Proceedings. The company operates in a single operating and reportable segment: pursuing legal claims related to mineral properties.
33GF Score

Get the complete analysis for FRA:97Z

Marketable Securities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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