Asante Gold (OTCMKTS:ASGOF) Trading Up 1.6% – Should You Buy?

Asante Gold Co. (OTCMKTS:ASGOFGet Free Report)’s share price was up 1.6% on Monday . The company traded as high as C$0.51 and last traded at C$0.49. 11,106 shares changed hands during trading, a decline of 89% from the average daily volume of 99,946 shares. The stock had previously closed at C$0.48.

Asante Gold Price Performance

The firm’s fifty day moving average price is C$0.62 and its two-hundred day moving average price is C$0.95.

Asante Gold Company Profile

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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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