Galantas Gold Co. (OTCMKTS:GALKF) Short Interest Up 683.5% in June

Galantas Gold Co. (OTCMKTS:GALKFGet Free Report) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 1,816,000 shares, an increase of 683.5% from the May 31st total of 231,778 shares. Based on an average daily volume of 104,773 shares, the days-to-cover ratio is presently 17.3 days.

Galantas Gold Trading Down 5.9%

OTCMKTS:GALKF opened at $0.32 on Friday. The company’s 50 day moving average price is $0.30 and its 200-day moving average price is $0.19. Galantas Gold has a 52 week low of $0.16 and a 52 week high of $0.48.

About Galantas Gold

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Galantas Gold Corporation is a Canada‐based mineral exploration and development company focused on the acquisition, exploration and production of gold assets. Through its wholly owned subsidiary in Northern Ireland, the company holds an exclusive prospecting licence for the Tyrone Orefield, an area with a long history of gold mining dating back to the 19th century.

The company’s principal asset is the Omagh Gold Project, located near the town of Omagh in County Tyrone, Northern Ireland.

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