Galantas Gold Co. (OTCMKTS:GALKF – Get Free Report) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 231,778 shares, a growth of 613.2% from the May 14th total of 32,500 shares. Based on an average daily volume of 35,250 shares, the days-to-cover ratio is currently 6.6 days.
Galantas Gold Trading Down 3.8%
Shares of OTCMKTS:GALKF traded down $0.01 on Thursday, hitting $0.28. The company had a trading volume of 48,400 shares, compared to its average volume of 90,421. The firm’s 50-day simple moving average is $0.26 and its two-hundred day simple moving average is $0.17. 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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