Golden Arrow Resources (CVE:GRG) Stock Jumps 29.4% – Here’s Why

Golden Arrow Resources Co. (CVE:GRG – Get Free Report) traded up 29.4% on Monday. The company traded as high as C$0.12 and last traded at C$0.11. 290,170 shares changed hands during trading, an increase of 74% from the average session volume of 167,185 shares. The stock had previously closed at C$0.09.

Golden Arrow Resources Stock Performance

The stock has a market capitalization of C$17.82 million, a PE ratio of -5.25 and a beta of 1.01. The business has a 50 day moving average of C$0.10 and a two-hundred day moving average of C$0.09.

About Golden Arrow Resources

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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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