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Citgo Petroleum parent auction hearing rescheduled after new bids from Elliott and Vitol

A U.S. court approved rescheduling the final sale hearing in the long-running auction of shares in the parent of Citgo Petroleum after unsolicited bids from affiliates of Elliott Investment Management and Vitol emerged, complicating a previously recommended bid by Gold Reserve. Delaware Judge Leonard Stark said a new date will be set after input from court officer Robert Pincus, parties and creditors, with an in-person hearing planned to hear objections. The delay adds time to the eight-year legal case originating from Crystallex's claims against Venezuela. » More on finance.yahoo.com

Historical dividends Dividends

All dividend metrics All metrics

In 2019, Gold Reserve has already paid €0.68 in dividends. The last payout was in June 2019.

Financials

In the last quarter, Gold Reserve had revenue of €0 and net profit of -€3.66m

(EUR)	June 2026	YoY
Revenue	0	-
Gross profit	-38.52k	39.28%
Net profit	-3.66m	7.35%
EBITDA	-3.9m	104.72%

Fundamentals

Metric	Value
Market capitalization	€431.53m
Number of shares	120.68m
52-week high/low	€5.01 - €1.03
Dividends	No
Beta	0.47
P/E ratio	-13.81
PEG ratio	0.37
P/B ratio	4.87
P/S ratio	0.00

Company profile

Gold Reserve Inc., an exploration stage company, acquires, explores, and develops mining properties. It primarily focuses on the Siembra Minera project that holds gold, copper, silver, and other strategic mineral rights comprising an area of approximately 18,950 hectares located in Bolivar, Venezuela. The company was incorporated in 1956 and is based in Spokane, Washington.