Asante Gold Co. (OTCMKTS:ASGOF – Get Free Report) shares were down 5.7% during mid-day trading on Thursday . The stock traded as low as C$1.07 and last traded at C$1.07. Approximately 123,703 shares changed hands during trading, an increase of 11% from the average daily volume of 111,308 shares. The stock had previously closed at C$1.14.
Asante Gold Trading Down 7.8%
The business has a fifty day moving average of C$1.32 and a 200 day moving average of C$1.40.
About Asante Gold
Asante Gold Corporation is a Canada‐based mineral exploration and development company focused on advancing gold assets in West Africa. The company’s principal activity is the exploration, evaluation and development of its flagship Kobada Gold Project, situated in the Kayes region of southwestern Mali. Asante Gold holds a granted mining permit for Kobada and has conducted extensive drilling, metallurgical studies and environmental baseline programs to support project advancement.
The Kobada Gold Project hosts a significant gold resource defined through multiple phases of exploration drilling, and Asante Gold has completed a prefeasibility study outlining an open-pit mining scenario with supporting infrastructure.
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