Short Interest in Asante Gold Co. (OTCMKTS:ASGOF) Declines By 54.1%

Asante Gold Co. (OTCMKTS:ASGOF) was the recipient of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 5,000 shares, a drop of 54.1% from the March 15th total of 10,900 shares. Based on an average daily volume of 4,600 shares, the short-interest ratio is presently 1.1 days.

Asante Gold Price Performance

ASGOF stock opened at C$0.76 on Wednesday. Asante Gold has a 52 week low of C$0.60 and a 52 week high of C$1.08. The company’s 50-day moving average price is C$0.76 and its 200 day moving average price is C$0.82.

Asante Gold Company Profile

Asante Gold Corporation, a mineral exploration company, engages in the acquisition, exploration, development, and operation of mineral resource properties in the Republic of Ghana. It holds 100% interest in the Fahiakoba concession situated in the Ashanti and Central regions in the Republic of Ghana; and 90% interest in the Bibiani gold mine located in the western region of Ghana.