Gold reserve ltd sees $64,005 in stock purchases by Camac entities

Published 14/03/2025, 23:22
Gold reserve ltd sees $64,005 in stock purchases by Camac entities

Camac Capital, LLC and its affiliated entities recently disclosed stock purchases in Gold Reserve Ltd (OTC:GDRZF) amounting to a total of $64,005. The transactions, reported in a recent SEC filing, occurred over two consecutive days. The company, currently valued at $256 million, has seen its stock surge 22% in the past week and 32% year-to-date, according to InvestingPro data.

On March 12, 2025, Camac entities acquired 17,154 shares at a price of $2.05 per share. The following day, March 13, 2025, they purchased an additional 14,000 shares at $2.06 per share. These acquisitions bring the total shares owned by the Camac group to 9,082,853. InvestingPro analysis shows the company maintains strong liquidity with a current ratio of 6.36, though it remains unprofitable over the last twelve months.

The shares are held by Camac Fund II, LP, which is part of a group that includes other Camac entities. Camac Partners, LLC serves as the investment manager, while Camac Capital, LLC acts as the general partner and managing member of Camac Partners, LLC. Eric Shahinian, the manager of Camac Capital, LLC, is responsible for the oversight of these transactions. InvestingPro subscribers can access additional insights, including 7 more ProTips and detailed financial metrics for Gold Reserve Ltd.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.