Golden Arrow Resources Co. (CVE:GRG) Insider Diego Martin Pestana Buys 185,000 Shares

Golden Arrow Resources Co. (CVE:GRG) insider Diego Martin Pestana purchased 185,000 shares of the stock in a transaction that occurred on Thursday, January 23rd. The shares were purchased at an average cost of C$0.06 per share, for a total transaction of C$11,100.00.

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

• On Tuesday, January 14th, Diego Martin Pestana purchased 193,000 shares of Golden Arrow Resources stock. The stock was acquired at an average cost of C$0.05 per share, for a total transaction of C$9,650.00.
• On Thursday, January 2nd, Diego Martin Pestana purchased 1,000 shares of Golden Arrow Resources stock. The stock was acquired at an average cost of C$0.05 per share, for a total transaction of C$45.00.
• On Monday, December 23rd, Diego Martin Pestana purchased 159,000 shares of Golden Arrow Resources stock. The stock was acquired at an average cost of C$0.05 per share, for a total transaction of C$7,155.00.
• On Wednesday, November 13th, Diego Martin Pestana purchased 263,000 shares of Golden Arrow Resources stock. The stock was acquired at an average cost of C$0.05 per share, for a total transaction of C$13,150.00.
• On Monday, November 11th, Diego Martin Pestana purchased 320,000 shares of Golden Arrow Resources stock. The stock was acquired at an average cost of C$0.05 per share, for a total transaction of C$16,000.00.
• On Wednesday, November 6th, Diego Martin Pestana purchased 1,115,000 shares of Golden Arrow Resources stock. The stock was acquired at an average cost of C$0.05 per share, for a total transaction of C$55,750.00.
• On Monday, October 28th, Diego Martin Pestana acquired 2,500,000 shares of Golden Arrow Resources stock. The shares were purchased at an average price of C$0.04 per share, with a total value of C$100,000.00.

Golden Arrow Resources Trading Up 18.2 %

Golden Arrow Resources stock traded up C$0.01 during midday trading on Thursday, hitting C$0.07. 190,200 shares of the stock were exchanged, compared to its average volume of 64,272. Golden Arrow Resources Co. has a fifty-two week low of C$0.04 and a fifty-two week high of C$0.08. The stock has a market capitalization of C$9.41 million, a price-to-earnings ratio of -2.17 and a beta of 1.13. The stock’s 50-day simple moving average is C$0.05 and its 200 day simple moving average is C$0.04. The company has a current ratio of 1.75, a quick ratio of 15.33 and a debt-to-equity ratio of 3.05.

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.