Key Points
- Insider Diego Martin Pestana has been accumulating shares in Golden Arrow Resources, buying 289,000 shares on Nov. 7 at C$0.06 (C$17,340) and increasing his direct holdings to 21,865,397 shares, with earlier purchases including 1.90M shares on Oct. 6.
- Market context: GRG opened at C$0.07 (up 8.3%), is a microcap (market cap ~C$11.0M) with a negative PE (-2.17) and a 12‑month trading range of C$0.04–C$0.09.
Golden Arrow Resources Co. (CVE:GRG - Get Free Report) insider Diego Martin Pestana acquired 289,000 shares of the firm's stock in a transaction on Friday, November 7th. The stock was bought at an average price of C$0.06 per share, with a total value of C$17,340.00. Following the purchase, the insider directly owned 21,865,397 shares of the company's stock, valued at C$1,311,923.82. This represents a 1.34% increase in their ownership of the stock.
Diego Martin Pestana also recently made the following trade(s):
- On Monday, November 17th, Diego Martin Pestana bought 111,000 shares of Golden Arrow Resources stock. The shares were purchased at an average price of C$0.06 per share, for a total transaction of C$6,660.00.
- On Friday, October 24th, Diego Martin Pestana bought 86,834 shares of Golden Arrow Resources stock. The stock was purchased at an average cost of C$0.06 per share, with a total value of C$5,210.04.
- On Monday, October 6th, Diego Martin Pestana purchased 1,900,500 shares of Golden Arrow Resources stock. The shares were purchased at an average cost of C$0.07 per share, for a total transaction of C$133,035.00.
Golden Arrow Resources Trading Up 8.3%
Shares of GRG opened at C$0.07 on Friday. The company's 50 day simple moving average is C$0.07 and its 200-day simple moving average is C$0.06. The firm has a market cap of C$11.01 million, a PE ratio of -2.17 and a beta of 1.47. Golden Arrow Resources Co. has a 12-month low of C$0.04 and a 12-month high of C$0.09.
About Golden Arrow Resources
(
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.
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