Insider Selling: Golden Arrow Resources (CVE:GRG) Insider Sells 150,000 Shares of Stock

Golden Arrow Resources Co. (CVE:GRG) insider Diego Martin Pestana sold 150,000 shares of the stock in a transaction dated Monday, May 18th. The shares were sold at an average price of C$0.09, for a total value of C$13,500.00. Following the completion of the transaction, the insider directly owned 1,020,000 shares in the company, valued at C$91,800. The trade was a 12.82% decrease in their position.

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

• On Friday, May 15th, Diego Martin Pestana sold 200,000 shares of Golden Arrow Resources stock. The shares were sold at an average price of C$0.09, for a total value of C$18,000.00.

Golden Arrow Resources Price Performance

Shares of CVE GRG remained flat at C$0.09 during mid-day trading on Monday. The stock had a trading volume of 461,488 shares, compared to its average volume of 173,962. The stock has a market capitalization of C$15.25 million, a price-to-earnings ratio of -3.00 and a beta of 1.00. The firm’s fifty day moving average is C$0.07 and its two-hundred day moving average is 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.

Golden Arrow Resources Company Profile

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.