What’s Golden Arrow Resources Corp Downside After Today’s Huge Decline?


The stock of Golden Arrow Resources Corp (CVE:GRG) is a huge mover today! The stock decreased 3.96% or $0.04 on September 13, hitting $0.97. About 403,993 shares traded hands. Golden Arrow Resources Corp (CVE:GRG) has risen 6.00% since August 15, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 7 months negative chart setup for the $84.55 million company. It was reported on Sep, 14 by Barchart.com. We have $0.85 PT which if reached, will make CVE:GRG worth $10.15M less.

Golden Arrow Resources Corporation is an exploration-stage company. The company has a market cap of $84.55 million. The Firm is a junior mineral exploration firm engaged in the business of acquiring, exploring and evaluating natural resource properties. It currently has negative earnings. The Company’s properties are located in Argentina and include approximately 214,000 hectares in over four provinces.

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