Insider Buying: Golden Arrow Resources Co. (CVE:GRG) Insider Purchases 1,115,000 Shares of Stock

Golden Arrow Resources Co. (CVE:GRG) insider Diego Martin Pestana bought 1,115,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were bought at an average cost of C$0.05 per share, with a total value of C$55,750.00.

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

• On Monday, October 28th, Diego Martin Pestana acquired 2,500,000 shares of Golden Arrow Resources stock. The stock was purchased at an average cost of C$0.04 per share, for a total transaction of C$100,000.00.

Golden Arrow Resources Trading Down 9.1 %

CVE GRG traded down C$0.01 during mid-day trading on Thursday, reaching C$0.05. 210,050 shares of the stock were exchanged, compared to its average volume of 114,525. The stock has a market cap of C$7.24 million, a P/E ratio of -1.83 and a beta of 1.13. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.75 and a quick ratio of 15.33. Golden Arrow Resources Co. has a one year low of C$0.04 and a one year high of C$0.08. The stock has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of C$0.05.

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.