Galantas Gold Co. (OTCMKTS:GALKF – Get Free Report) was the recipient of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 517,521 shares, a drop of 71.5% from the June 15th total of 1,816,000 shares. Based on an average daily trading volume, of 44,745 shares, the days-to-cover ratio is presently 11.6 days.
Galantas Gold Stock Performance
OTCMKTS:GALKF traded up $0.01 during mid-day trading on Friday, reaching $0.30. The stock had a trading volume of 7,650 shares, compared to its average volume of 71,134. Galantas Gold has a 12 month low of $0.16 and a 12 month high of $0.48. The stock has a 50-day simple moving average of $0.33 and a two-hundred day simple moving average of $0.21.
Galantas Gold Company Profile
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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