Golden Arrow Resources (CVE:GRG) Sets New 1-Year High – Still a Buy?

Golden Arrow Resources Co. (CVE:GRG – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.10 and last traded at C$0.09, with a volume of 51000 shares changing hands. The stock had previously closed at C$0.09.

Golden Arrow Resources Price Performance

The firm has a fifty day moving average of C$0.07 and a two-hundred day moving average of C$0.07. The stock has a market capitalization of C$15.25 million, a P/E ratio of -3.00 and a beta of 1.16.

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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