Golden Arrow Resources (CVE:GRG) Reaches New 12-Month High – Should You Buy?

by · The Markets Daily

Golden Arrow Resources Co. (CVE:GRG – Get Free Report)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as C$0.10 and last traded at C$0.10, with a volume of 228528 shares trading hands. The stock had previously closed at C$0.09.

Golden Arrow Resources Price Performance

The company’s 50-day moving average price is C$0.07 and its two-hundred day moving average price 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 1.16.

About Golden Arrow Resources

(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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