Golden Arrow Resources Co. (CVE:GRG – Get Free Report)’s share price rose 21.1% during trading on Monday. The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 107,010 shares traded hands during mid-day trading, a decline of 37% from the average daily volume of 169,342 shares. The stock had previously closed at C$0.10.
Golden Arrow Resources Stock Performance
The company has a market capitalization of C$19.51 million, a price-to-earnings ratio of -5.75 and a beta of 1.01. The stock’s fifty day simple moving average is C$0.11 and its two-hundred day simple moving average is C$0.09.
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.
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