Galantas Gold Co. (OTCMKTS:GALKF – Get Free Report) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 32,500 shares, an increase of 2,123.0% from the April 30th total of 1,462 shares. Based on an average trading volume of 365,766 shares, the short-interest ratio is currently 0.1 days.
Galantas Gold Price Performance
OTCMKTS:GALKF traded up $0.03 during trading hours on Friday, hitting $0.38. 14,750 shares of the company traded hands, compared to its average volume of 96,847. The firm’s 50-day simple moving average is $0.23 and its 200-day simple moving average is $0.15. Galantas Gold has a one year low of $0.16 and a one year high of $0.48.
About Galantas Gold
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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