Golden Arrow Resources (CVE:GRG) Trading 13.3% Higher – Here’s Why

Golden Arrow Resources Co. (CVE:GRGGet Free Report)’s share price rose 13.3% on Thursday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 182,601 shares changed hands during mid-day trading, an increase of 17% from the average daily volume of 155,891 shares. The stock had previously closed at C$0.08.

Golden Arrow Resources Price Performance

The firm has a market cap of C$16.09 million, a PE ratio of -3.17 and a beta of 1.00. The company has a 50-day simple moving average of C$0.07 and a 200-day simple moving average of C$0.07.

Golden Arrow Resources Company Profile

(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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