GDRZF (Gold Reserve) Market Cap: $668.44 Mil (As of Jun. 28, 2026)


GDRZF Gold Reserve Ltd GDRZF
30 GF Score
Price $4.55
! 3 Warning Signs
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What is Gold Reserve Market Cap?

Gold Reserve GDRZF +0.22% 30 Market Cap is $668.44 Mil as of Jun. 28, 2026. GuruFocus rates GDRZF with a GF Score™ of 30/100. The stock has 3 warning signs investors should review. Among 2,686 Metals & Mining companies, Gold Reserve ranks better than 85.85% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Gold Reserve's share price for the quarter that ended in Mar. 2026 was $4. Gold Reserve's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 147.72 Mil. Therefore, Gold Reserve's market cap for the quarter that ended in Mar. 2026 was $590.88 Mil.

Gold Reserve's quarterly market cap increased from Sep. 2025 ($203.71 Mil) to Dec. 2025 ($206.77 Mil) and increased from Dec. 2025 ($206.77 Mil) to Mar. 2026 ($590.88 Mil).

Gold Reserve's annual market cap declined from Dec. 2023 ($275.75 Mil) to Dec. 2024 ($178.60 Mil) but then increased from Dec. 2024 ($178.60 Mil) to Dec. 2025 ($206.77 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Gold Reserve's Enterprise Value for Today is $528.98 Mil.


Gold Reserve  (OTCPK:GDRZF) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Gold Reserve Market Cap Related Terms


Gold Reserve Market Cap Historical Data

* Premium members only.

The historical data trend for Gold Reserve's Market Cap 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 Market Cap Chart

Gold Reserve Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 118.46 126.43 275.75 178.60 206.77

Gold Reserve Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Market Cap 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 178.60 213.64 203.71 206.77 590.88

GDRZF vs NEM, AU: Market Cap Comparison

For the Gold subindustry, Gold Reserve's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gold Reserve Market Cap vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Gold Reserve's Market Cap distribution charts can be found below:

* The bar in red indicates where Gold Reserve's Market Cap falls into.


GDRZF
30GF Score
Gold Reserve Ltd GDRZF
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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Gold Reserve Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Gold Reserve's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as

Market Cap (A: Dec. 2025 )=Share Price (A: Dec. 2025 )*Shares Outstanding (EOP) (A: Dec. 2025 )
=$1.685*122.715
=$206.77

Gold Reserve's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=$4*147.720
=$590.88

* 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.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of $668.44 Mil mean?
Gold Reserve (GDRZF) has a Market Cap of $668.44 Mil as of Jun. 28, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Gold Reserve and its competitors. According to the industry distribution chart, Gold Reserve ranks #380 out of 2686 companies in the Metals & Mining industry, placing it in the top 14.1%.
Is Gold Reserve's Market Cap too high?
Gold Reserve's current Market Cap is $668.44 Mil. The Metals & Mining industry median Market Cap is 21.68. Gold Reserve's value of $668.44 Mil is 2983.6% above this industry median. Based on the distribution chart, Gold Reserve ranks #380 out of 2686 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Gold Reserve has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Gold Reserve's Market Cap compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Gold Reserve ranks #380 out of 2686 companies for Market Cap. This places Gold Reserve in the top 14% of its industry — outperforming the majority of peers. The industry median Market Cap is 21.68. Gold Reserve's value of $668.44 Mil is 2983.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Metals & Mining company?
The median Market Cap among Metals & Mining companies is 21.68, based on 2,686 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gold Reserve's current Market Cap of $668.44 Mil is 2983.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Gold Reserve and its competitors. For the Metals & Mining industry, the median Market Cap is 21.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gold Reserve's current Market Cap is $668.44 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 (GDRZF) has a current Market Cap of $668.44 Mil. The current Market Cap is $668.44 Mil and 2983.6% above the Metals & Mining industry median of 21.68. Gold Reserve's overall GF Score™ is 30/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Gold Reserve (GDRZF), the current Market Cap is $668.44 Mil as of Jun. 28, 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

Other Exchanges 97Z:GermanyGRZ:Canada
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.
30GF Score

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