Golden Arrow Resources (CVE:GRG) Hits New 1-Year Low at $0.14

Golden Arrow Resources Co. (CVE:GRG – Get Rating)’s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.14 and last traded at C$0.14, with a volume of 104001 shares. The stock had previously closed at C$0.15.

The firm’s 50 day moving average price is C$0.17 and its 200-day moving average price is C$0.17. The company has a debt-to-equity ratio of 2.10, a current ratio of 32.59 and a quick ratio of 32.39. The stock has a market cap of C$16.12 million and a P/E ratio of -2.88.

About Golden Arrow Resources (CVE:GRG)

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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