Galantas Gold Co. (OTCMKTS:GALKF – Get Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 1,917,500 shares, a growth of 270.5% from the June 30th total of 517,521 shares. Based on an average daily volume of 46,695 shares, the days-to-cover ratio is currently 41.1 days.
Galantas Gold Stock Performance
Shares of GALKF stock traded down $0.00 during mid-day trading on Friday, reaching $0.28. 40,000 shares of the stock traded hands, compared to its average volume of 61,331. The stock’s fifty day simple moving average is $0.31 and its two-hundred day simple moving average is $0.22. Galantas Gold has a 1-year low of $0.16 and a 1-year high of $0.48.
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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