Golden Arrow Resources Co. (CVE:GRG) Insider Acquires C$16,000.00 in Stock

Golden Arrow Resources Co. (CVE:GRG) insider Diego Martin Pestana purchased 320,000 shares of the firm’s stock in a transaction on Monday, November 11th. The stock was acquired at an average price of C$0.05 per share, for a total transaction of C$16,000.00.

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

• On Wednesday, November 13th, Diego Martin Pestana acquired 263,000 shares of Golden Arrow Resources stock. The shares were bought at an average cost of C$0.05 per share, with a total value of C$13,150.00.
• On Wednesday, November 6th, Diego Martin Pestana bought 1,115,000 shares of Golden Arrow Resources stock. The shares were bought at an average cost of C$0.05 per share, for a total transaction of C$55,750.00.
• On Monday, October 28th, Diego Martin Pestana purchased 2,500,000 shares of Golden Arrow Resources stock. The stock was bought at an average price of C$0.04 per share, with a total value of C$100,000.00.

Golden Arrow Resources Price Performance

GRG stock opened at C$0.05 on Friday. The firm has a 50-day moving average of C$0.04 and a two-hundred day moving average of C$0.05. The firm has a market capitalization of C$7.24 million, a PE ratio of -1.67 and a beta of 1.13. The company has a current ratio of 1.75, a quick ratio of 15.33 and a debt-to-equity ratio of 3.05. Golden Arrow Resources Co. has a one year low of C$0.04 and a one year high of C$0.08.

About Golden Arrow Resources

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.