Galantas Gold Co. (OTCMKTS:GALKF – Get Free Report) saw a significant 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 short-interest ratio is currently 11.6 days.
Galantas Gold Trading Down 30.0%
GALKF traded down $0.09 on Monday, reaching $0.21. The company had a trading volume of 300 shares, compared to its average volume of 69,268. Galantas Gold has a 52-week low of $0.16 and a 52-week high of $0.48. The business has a 50 day simple moving average of $0.33 and a 200 day simple moving average of $0.21.
About Galantas Gold
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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