Golden Arrow Resources Co. (CVE:GRG – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.10 and last traded at C$0.10, with a volume of 56623 shares changing hands. The stock had previously closed at C$0.08.
Golden Arrow Resources Price Performance
The firm has a market cap of C$16.09 million, a P/E ratio of -3.17 and a beta of 1.01. The firm’s 50-day moving average price is C$0.08 and its 200 day moving average price is C$0.08.
Insider Transactions at Golden Arrow Resources
In other news, insider Diego Martin Pestana bought 1,438,726 shares of Golden Arrow Resources stock in a transaction on Wednesday, May 20th. The shares were bought at an average price of C$0.08 per share, with a total value of C$115,098.08. Following the acquisition, the insider directly owned 23,481,123 shares in the company, valued at approximately C$1,878,489.84. This represents a 6.53% increase in their position. Insiders purchased a total of 1,511,000 shares of company stock worth $120,880 in the last 90 days. Corporate insiders own 7.82% of the company’s stock.
Golden Arrow Resources Company Profile
Golden Arrow Resources Corporation, a natural resource company, engages in the acquisition, exploration, and development resource properties in South America. The company explores for iron, copper, gold, cobalt, and silver deposits. Its flagship project is the 100% owned San Pietro Fe-Cu-Au-Co Project covering an area of 18,448 Ha located in Chile. Golden Arrow Resources Corporation was incorporated in 2015 and is based in Vancouver, Canada.Golden Arrow Resources Corporation operates as a subsidiary of Grosso Group Management Ltd.
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