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

Golden Arrow Resources Co. (CVE:GRG) insider Diego Martin Pestana sold 200,000 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of C$0.09, for a total transaction of C$18,000.00. Following the sale, 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 position.

Golden Arrow Resources Price Performance

Shares of GRG stock remained flat at C$0.09 during trading hours on Friday. 461,488 shares of the stock traded hands, compared to its average volume of 173,962. The company has a 50 day moving average of C$0.07 and a 200 day moving average of C$0.07. Golden Arrow Resources Co. has a 52 week low of C$0.04 and a 52 week high of C$0.10. The stock has a market cap of C$15.25 million, a P/E ratio of -3.00 and a beta of 1.00.

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. 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.