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

Golden Arrow Resources Co. (CVE:GRGGet Free Report)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as C$0.10 and last traded at C$0.08, with a volume of 141092 shares trading hands. The stock had previously closed at C$0.10.

Golden Arrow Resources Stock Performance

The firm’s 50-day moving average price is C$0.07 and its two-hundred day moving average price is C$0.07. The firm has a market cap of C$13.55 million, a PE ratio of -2.67 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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