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

Golden Arrow Resources Co. (CVE:GRG) insider Diego Martin Pestana purchased 320,000 shares of Golden Arrow Resources stock in a transaction dated Monday, November 11th. The shares were acquired at an average cost 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 6th, Diego Martin Pestana bought 1,115,000 shares of Golden Arrow Resources stock. The stock was purchased 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 bought 2,500,000 shares of Golden Arrow Resources stock. The stock was purchased at an average cost of C$0.04 per share, for a total transaction of C$100,000.00.

Golden Arrow Resources Price Performance

CVE GRG opened at C$0.05 on Wednesday. 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’s fifty day moving average price is C$0.04 and its 200 day moving average price is C$0.05. Golden Arrow Resources Co. has a 1 year low of C$0.04 and a 1 year high of C$0.08. The company 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 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.