Insider Buying: Golden Arrow Resources Co. (CVE:GRG) Insider Acquires 185,000 Shares of Stock

Golden Arrow Resources Co. (CVE:GRG) insider Diego Martin Pestana acquired 185,000 shares of the stock in a transaction dated Thursday, January 23rd. The stock was acquired at an average cost of C$0.06 per share, with a total value of C$11,100.00.

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

• On Tuesday, January 14th, Diego Martin Pestana acquired 193,000 shares of Golden Arrow Resources stock. The stock was acquired at an average cost of C$0.05 per share, with a total value of C$9,650.00.
• On Thursday, January 2nd, Diego Martin Pestana acquired 1,000 shares of Golden Arrow Resources stock. The stock was acquired at an average cost of C$0.05 per share, with a total value of C$45.00.
• On Monday, December 23rd, Diego Martin Pestana purchased 159,000 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$7,155.00.
• On Wednesday, November 13th, Diego Martin Pestana purchased 263,000 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$13,150.00.
• On Monday, November 11th, Diego Martin Pestana purchased 320,000 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$16,000.00.
• On Wednesday, November 6th, Diego Martin Pestana purchased 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 purchased 2,500,000 shares of Golden Arrow Resources stock. The stock was purchased at an average price of C$0.04 per share, with a total value of C$100,000.00.

Golden Arrow Resources Stock Up 18.2 %

Golden Arrow Resources stock traded up C$0.01 during trading on Thursday, reaching C$0.07. The stock had a trading volume of 190,200 shares, compared to its average volume of 64,272. Golden Arrow Resources Co. has a 52-week low of C$0.04 and a 52-week high of C$0.08. The business has a 50 day moving average price of C$0.05 and a 200 day moving average price of C$0.04. 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 stock has a market cap of C$9.41 million, a PE ratio of -2.17 and a beta of 1.13.

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.