Galantas Gold Co. (OTCMKTS:GALKF – Get Free Report) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 78,400 shares, a decline of 96.2% from the September 30th total of 2,075,900 shares. Based on an average daily trading volume, of 8,424 shares, the short-interest ratio is currently 9.3 days.
Galantas Gold Stock Performance
Shares of GALKF opened at $0.29 on Tuesday. The firm’s 50-day moving average is $0.37 and its two-hundred day moving average is $0.27. Galantas Gold has a twelve month low of $0.16 and a twelve month high of $0.58.
Galantas Gold Company Profile
Galantas Gold Corp. is a Canadian mineral exploration and development company focused on gold assets in Northern Ireland. The company’s principal property is the Omagh Project in County Tyrone, which includes the Cavanacaw underground mine and surrounding exploration licenses.
The Omagh Project contains multiple gold-bearing vein systems, including the Kearney and Joshua veins. Galantas has worked to advance underground mine development, expand known mineralization through exploration drilling, and evaluate opportunities to increase gold production from the property.
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