Golden Arrow Resources (CVE:GRG) Sets New 12-Month High – Time to Buy?

Golden Arrow Resources Co. (CVE:GRGGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as C$0.10 and last traded at C$0.10, with a volume of 48000 shares traded. The stock had previously closed at C$0.08.

Golden Arrow Resources Price Performance

The stock’s fifty day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.07. The company has a market capitalization of C$16.09 million, a price-to-earnings ratio of -3.17 and a beta of 1.43.

Golden Arrow Resources Company Profile

(Get Free Report)

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.

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