Golden Arrow Resources Co. (CVE:GRG – Get Free Report) shares fell 23.5% during trading on Thursday . The company traded as low as C$0.07 and last traded at C$0.07. 511,727 shares traded hands during mid-day trading, an increase of 178% from the average session volume of 184,028 shares. The stock had previously closed at C$0.09.
Golden Arrow Resources Price Performance
The firm has a 50 day simple moving average of C$0.08 and a 200-day simple moving average of C$0.08. The company has a market cap of C$11.01 million, a price-to-earnings ratio of -2.17 and a beta of 0.96.
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. 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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