Insider Buying: Golden Arrow Resources Co. (CVE:GRG) Director Buys 92,500 Shares of Stock

Golden Arrow Resources Co. (CVE:GRG – Get Rating) Director Joe Nicola Grosso purchased 92,500 shares of Golden Arrow Resources stock in a transaction dated Friday, June 3rd. The shares were purchased at an average cost of C$0.16 per share, for a total transaction of C$15,170.00. Following the transaction, the director now owns 9,118,733 shares in the company, valued at approximately C$1,495,472.21.
Joe Nicola Grosso also recently made the following trade(s):
- On Friday, May 27th, Joe Nicola Grosso bought 140,500 shares of Golden Arrow Resources stock. The stock was purchased at an average cost of C$0.17 per share, for a total transaction of C$23,182.50.
- On Friday, May 20th, Joe Nicola Grosso purchased 499,500 shares of Golden Arrow Resources stock. The stock was acquired at an average price of C$0.17 per share, with a total value of C$82,417.50.
- On Friday, May 13th, Joe Nicola Grosso purchased 35,000 shares of Golden Arrow Resources stock. The stock was acquired at an average price of C$0.15 per share, with a total value of C$5,110.00.
- On Thursday, April 28th, Joe Nicola Grosso bought 83,000 shares of Golden Arrow Resources stock. The shares were purchased at an average price of C$0.17 per share, with a total value of C$13,695.00.
- On Tuesday, April 26th, Joe Nicola Grosso bought 42,000 shares of Golden Arrow Resources stock. The shares were purchased at an average price of C$0.19 per share, with a total value of C$7,770.00.
CVE GRG traded down C$0.01 during trading hours on Monday, hitting C$0.16. The company had a trading volume of 62,500 shares, compared to its average volume of 52,183. The business has a 50 day moving average of C$0.17 and a 200-day moving average of C$0.17. Golden Arrow Resources Co. has a 1-year low of C$0.14 and a 1-year high of C$0.21. The company has a debt-to-equity ratio of 1.85, a quick ratio of 29.81 and a current ratio of 30.00. The company has a market cap of C$18.43 million and a PE ratio of -3.17.
About Golden Arrow Resources (Get Rating)
Golden Arrow Resources Corporation, a natural resource company, engages in the identification, acquisition, exploration, development, and advancing of precious and base metal projects in South America. The company explores for gold, silver, zinc, and copper deposits. It holds interests in the Flecha de Oro project, Caballos Copper-Gold project, Don Bosco Copper-Gold project, Mogote Copper-Gold project, Frontera District – Potrerillos Gold-Silver project, and Yanso project located in Argentina.
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