GDRZF (Gold Reserve) Selling, General, & Admin. Expense: $16.00 Mil (TTM As of Mar. 2026)

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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.

GDRZF Gold Reserve Ltd GDRZF
36 GF Score
Price $4.54
! 3 Warning Signs
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What is Gold Reserve Selling, General, & Admin. Expense?

Gold Reserve GDRZF -1.09% 36 Selling, General, & Admin. Expense is $16.00 Mil as of Mar. 2026. GuruFocus rates GDRZF with a GF Score™ of 36/100. The stock has 3 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Gold Reserve's selling, general, & admin. expense for the three months ended in Mar. 2026 was $8.24 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was $16.00 Mil.


Gold Reserve  (OTCPK:GDRZF) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Gold Reserve Selling, General, & Admin. Expense Related Terms


Gold Reserve Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Gold Reserve's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

Gold Reserve Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.26 7.07 6.78 11.92 10.19

Gold Reserve Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense 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 2.42 2.26 2.33 3.17 8.24

GDRZF vs NEM, AU: Selling, General, & Admin. Expense Comparison

For the Gold subindustry, Gold Reserve's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Gold Reserve's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Gold Reserve's Selling, General, & Admin. Expense falls into.


GDRZF
36GF Score
Gold Reserve Ltd GDRZF
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Gold Reserve Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $16.00 Mil.

* 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.

What does a Selling, General, & Admin. Expense of $16.00 Mil mean?
Gold Reserve (GDRZF) has a Selling, General, & Admin. Expense of $16.00 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Gold Reserve and its competitors.
Is Gold Reserve's Selling, General, & Admin. Expense too high?
Gold Reserve's current Selling, General, & Admin. Expense is $16.00 Mil. Overall, Gold Reserve has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Gold Reserve's Selling, General, & Admin. Expense compare to NEM and AU?
Gold Reserve's Selling, General, & Admin. Expense of $16.00 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 Selling, General, & Admin. Expense for a Metals & Mining company?
A good Selling, General, & Admin. Expense depends on the Metals & Mining industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Gold Reserve and its competitors. Gold Reserve's current Selling, General, & Admin. Expense is $16.00 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 Selling, General, & Admin. Expense of $16.00 Mil. The current Selling, General, & Admin. Expense is $16.00 Mil. Gold Reserve's overall GF Score™ is 36/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Gold Reserve (GDRZF), the current Selling, General, & Admin. Expense is $16.00 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

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.
36GF Score

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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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