Short Interest in Galantas Gold Co. (OTCMKTS:GALKF) Decreases By 28.0%

Galantas Gold Co. (OTCMKTS:GALKF) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 68,500 shares, a decline of 28.0% from the February 28th total of 95,100 shares. Based on an average trading volume of 45,900 shares, the days-to-cover ratio is currently 1.5 days.

Galantas Gold Price Performance

Shares of OTCMKTS GALKF remained flat at $0.05 during mid-day trading on Friday. The stock has a 50-day moving average price of $0.04 and a 200 day moving average price of $0.06. Galantas Gold has a one year low of $0.02 and a one year high of $0.18.

Galantas Gold Company Profile

Galantas Gold Corporation engages in the acquisition, exploration, and development of mineral properties. It explores for gold, silver, zinc, copper, and lead deposits. The company owns and operates the Omagh Gold Project, which covers an area of 189 square kilometers located in Northern Ireland. It also has an option agreement to acquire a 100% interest in the Gairloch Project, covering 217 square kilometers mineral license area in Scotland.