Insider Buying: Golden Arrow Resources Co. (CVE:GRG) Insider Buys 1,115,000 Shares of Stock

Golden Arrow Resources Co. (CVE:GRG) insider Diego Martin Pestana acquired 1,115,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The stock was bought at an average cost of C$0.05 per share, for a total transaction of C$55,750.00.

Diego Martin Pestana also recently made the following trade(s):

• On Monday, October 28th, Diego Martin Pestana purchased 2,500,000 shares of Golden Arrow Resources stock. The shares were bought at an average price of C$0.04 per share, for a total transaction of C$100,000.00.

Golden Arrow Resources Trading Down 9.1 %

CVE:GRG opened at C$0.05 on Friday. The company has a quick ratio of 15.33, a current ratio of 1.75 and a debt-to-equity ratio of 3.05. The company’s 50 day moving average is C$0.04 and its 200-day moving average is C$0.05. The firm has a market cap of C$7.24 million, a price-to-earnings ratio of -1.67 and a beta of 1.13. Golden Arrow Resources Co. has a 12 month low of C$0.04 and a 12 month high of C$0.08.

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.