Is Golden Arrow Resources Corp a Buy? The Stock Rises Again

 Is Golden Arrow Resources Corp a Buy? The Stock Rises Again

The stock of Golden Arrow Resources Corp (CVE:GRG) is a huge mover today! About 119,090 shares traded hands. Golden Arrow Resources Corp (CVE:GRG) has risen 6.00% since October 4, 2016 and is uptrending. It has outperformed by 4.79% the S&P500.
The move comes after 6 months positive chart setup for the $77.18M company. It was reported on Nov, 3 by Barchart.com. We have $2.02 PT which if reached, will make CVE:GRG worth $106.51 million more.

More notable recent Golden Arrow Resources Corp (CVE:GRG) news were published by: Seekingalpha.com which released: “Betting On A Joint Venture Between Golden Arrow Resources And Silver Standard …” on May 16, 2016, also Seekingalpha.com with their article: “Why Did Silver Standard Resources Acquire A Small Stake In Golden Arrow Resources?” published on June 13, 2015, Seekingalpha.com published: “Golden Arrow: Chinchillas Could Be Less Attractive For Silver Standard …” on September 22, 2015. More interesting news about Golden Arrow Resources Corp (CVE:GRG) were released by: Marketwatch.com and their article: “Golden Arrow Announces C$2 Million Program at Antofalla & Provides Corporate …” published on October 17, 2016 as well as Marketwired.com‘s news article titled: “Golden Arrow Announces Appointment of New Director” with publication date: September 01, 2016.

Golden Arrow Resources Corporation is an exploration-stage company. The company has a market cap of $77.18 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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