Roscan Gold Co. (OTCMKTS:RCGCF) Sees Large Increase in Short Interest

Roscan Gold Co. (OTCMKTS:RCGCFGet Free Report) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 90,172 shares, an increase of 801.7% from the April 15th total of 10,000 shares. Based on an average daily volume of 635,281 shares, the days-to-cover ratio is presently 0.1 days.

Roscan Gold Price Performance

Shares of OTCMKTS RCGCF remained flat at $0.14 during trading on Tuesday. 221,037 shares of the stock traded hands, compared to its average volume of 191,664. The firm’s fifty day simple moving average is $0.17 and its two-hundred day simple moving average is $0.13. Roscan Gold has a 1-year low of $0.04 and a 1-year high of $0.20.

Roscan Gold Company Profile

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Roscan Gold Corporation is a Canadian-based mineral exploration and development company focused on advancing gold projects in West Africa. The company’s primary activities encompass regional-scale exploration, resource delineation and metallurgical studies aimed at developing economically viable gold deposits. Roscan Gold holds a significant land package in Côte d’Ivoire’s prolific Birimian gold belt, where it is carrying out systematic drilling campaigns and field mapping to expand its resource base.

The company’s flagship asset is the 100%-owned Anumso Gold Project, located in the Sissédougou region of northern Côte d’Ivoire.

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