Golden Arrow Resources (CVE:GRG) Insider Sells C$13,500.00 in Stock

Golden Arrow Resources Co. (CVE:GRG) insider Diego Martin Pestana sold 150,000 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of C$0.09, for a total value of C$13,500.00. Following the completion of the transaction, the insider owned 1,020,000 shares of the company’s stock, valued at approximately C$91,800. This trade represents a 12.82% decrease in their position.

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

• On Wednesday, May 20th, Diego Martin Pestana acquired 61,274 shares of Golden Arrow Resources stock. The stock was purchased at an average price of C$0.08 per share, with a total value of C$4,901.92.
• On Wednesday, May 20th, Diego Martin Pestana acquired 1,438,726 shares of Golden Arrow Resources stock. The stock was purchased at an average price of C$0.08 per share, with a total value of C$115,098.08.
• On Friday, May 15th, Diego Martin Pestana sold 200,000 shares of Golden Arrow Resources stock. The stock was sold at an average price of C$0.09, for a total value of C$18,000.00.

Golden Arrow Resources Trading Up 5.9%

GRG opened at C$0.09 on Thursday. The stock has a fifty day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.07. The company has a market cap of C$15.25 million, a price-to-earnings ratio of -3.00 and a beta of 1.00. Golden Arrow Resources Co. has a 12-month low of C$0.04 and a 12-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.