Golden Arrow Resources (CVE:GRG) Reaches New 1-Year Low – Should You Sell?

Golden Arrow Resources Co. (CVE:GRGGet Free Report) shares reached a new 52-week low on Monday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 40050 shares. The stock had previously closed at C$0.04.

Golden Arrow Resources Stock Performance

The stock has a 50 day moving average price of C$0.04 and a two-hundred day moving average price of C$0.05. The company has a market cap of C$5.07 million, a price-to-earnings ratio of -1.33 and a beta of 1.13. 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

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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.

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