Insider Selling: Golden Arrow Resources (CVE:GRG) Insider Sells 150,000 Shares of Stock

Golden Arrow Resources Co. (CVE:GRG) insider Diego Martin Pestana sold 150,000 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of C$0.09, for a total value of C$13,500.00. Following the completion of the transaction, the insider owned 1,020,000 shares in the company, valued at C$91,800. This represents a 12.82% decrease in their ownership of the stock.

Diego Martin Pestana also recently made the following trade(s):

• On Friday, May 15th, Diego Martin Pestana sold 200,000 shares of Golden Arrow Resources stock. The shares were sold at an average price of C$0.09, for a total value of C$18,000.00.

Golden Arrow Resources Stock Performance

CVE:GRG remained flat at C$0.09 during mid-day trading on Monday. The company’s stock had a trading volume of 461,488 shares, compared to its average volume of 173,962. Golden Arrow Resources Co. has a 1 year low of C$0.04 and a 1 year high of C$0.10. The company has a fifty day moving average price of C$0.07 and a two-hundred day moving average price of C$0.07. The stock has a market capitalization of C$15.25 million, a price-to-earnings ratio of -3.00 and a beta of 1.00.

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.