Golden Arrow Resources (CVE:GRG) Sets New 1-Year Low – Time to Sell?

Golden Arrow Resources Co. (CVE:GRGGet Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 40050 shares trading hands. The stock had previously closed at C$0.04.

Golden Arrow Resources Stock Performance

The stock’s 50 day moving average is C$0.04 and its two-hundred day moving average is C$0.05. The firm has a market capitalization of C$5.07 million, a P/E ratio of -1.17 and a beta of 1.13. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.75 and a quick ratio of 15.33.

About Golden Arrow Resources

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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.

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