Golden Arrow Resources (CVE:GRG) Insider Diego Martin Pestana Sells 200,000 Shares

Golden Arrow Resources Co. (CVE:GRG) insider Diego Martin Pestana sold 200,000 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of C$0.09, for a total value of C$18,000.00. Following the transaction, the insider directly owned 1,020,000 shares of the company’s stock, valued at C$91,800. This represents a 16.39% decrease in their ownership of the stock.

Golden Arrow Resources Stock Performance

Shares of GRG stock remained flat at C$0.09 during trading on Friday. 461,488 shares of the stock were exchanged, compared to its average volume of 173,962. The firm’s 50 day moving average is C$0.07 and its two-hundred day moving average is C$0.07. The stock has a market capitalization of C$15.25 million, a P/E ratio of -3.00 and a beta of 1.00. Golden Arrow Resources Co. has a twelve month low of C$0.04 and a twelve month high of C$0.10.

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. Golden Arrow Resources Corporation was incorporated in 2015 and is based in Vancouver, Canada.Golden Arrow Resources Corporation operates as a subsidiary of Grosso Group Management Ltd.