Insider Buying: Golden Arrow Resources Co. (CVE:GRG) Insider Purchases 263,000 Shares of Stock

Golden Arrow Resources Co. (CVE:GRG) insider Diego Martin Pestana bought 263,000 shares of the business’s stock in a transaction on Wednesday, November 13th. The stock was purchased at an average price of C$0.05 per share, with a total value of C$13,150.00.

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

• On Monday, November 11th, Diego Martin Pestana purchased 320,000 shares of Golden Arrow Resources stock. The shares were purchased at an average price of C$0.05 per share, for a total transaction of C$16,000.00.
• On Wednesday, November 6th, Diego Martin Pestana acquired 1,115,000 shares of Golden Arrow Resources stock. The stock was purchased at an average price of C$0.05 per share, with a total value of C$55,750.00.
• On Monday, October 28th, Diego Martin Pestana acquired 2,500,000 shares of Golden Arrow Resources stock. The shares were acquired at an average price of C$0.04 per share, with a total value of C$100,000.00.

Golden Arrow Resources Price Performance

Shares of CVE:GRG traded down C$0.01 on Friday, reaching C$0.05. 10,500 shares of the company traded hands, compared to its average volume of 116,923. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.75 and a quick ratio of 15.33. The stock has a market capitalization of C$7.24 million, a PE ratio of -1.67 and a beta of 1.13. The company’s 50 day moving average is C$0.04 and its 200-day moving average is C$0.05. Golden Arrow Resources Co. has a fifty-two week low of C$0.04 and a fifty-two week 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.