Insider Buying: Golden Arrow Resources (CVE:GRG) Insider Acquires 926,726 Shares of Stock

Golden Arrow Resources Co. (CVE:GRG) insider Diego Martin Pestana purchased 926,726 shares of the business’s stock in a transaction that occurred on Friday, July 10th. The stock was bought at an average price of C$0.08 per share, for a total transaction of C$74,138.08. Following the purchase, the insider directly owned 22,969,123 shares in the company, valued at C$1,837,529.84. The trade was a 4.20% increase in their ownership of the stock.

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

• On Friday, July 10th, Diego Martin Pestana acquired 50,000 shares of Golden Arrow Resources stock. The shares were bought at an average price of C$0.08 per share, with a total value of C$4,000.00.
• On Friday, June 12th, Diego Martin Pestana bought 726 shares of Golden Arrow Resources stock. The stock was bought at an average cost of C$0.08 per share, for a total transaction of C$58.08.
• On Tuesday, May 26th, Diego Martin Pestana bought 11,000 shares of Golden Arrow Resources stock. The stock was bought at an average cost of C$0.08 per share, for a total transaction of C$880.00.
• On Wednesday, May 20th, Diego Martin Pestana bought 61,274 shares of Golden Arrow Resources stock. The stock was bought at an average cost of C$0.08 per share, for a total transaction of C$4,901.92.
• On Wednesday, May 20th, Diego Martin Pestana bought 1,438,726 shares of Golden Arrow Resources stock. The stock was bought at an average cost of C$0.08 per share, for a total transaction of C$115,098.08.
• On Monday, May 18th, Diego Martin Pestana sold 150,000 shares of Golden Arrow Resources stock. The shares were sold at an average price of C$0.09, for a total value of C$13,500.00.
• 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 Price Performance

Golden Arrow Resources stock remained flat at C$0.08 during mid-day trading on Monday. 391,021 shares of the company were exchanged, compared to its average volume of 175,556. Golden Arrow Resources Co. has a 52 week low of C$0.05 and a 52 week high of C$0.12. The company’s 50 day moving average price is C$0.09 and its 200-day moving average price is C$0.08. The firm has a market cap of C$13.55 million, a P/E ratio of -8.00 and a beta of 1.30.

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.