Roscan Gold Co. (OTCMKTS:RCGCF – Get Free Report) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 47,565 shares, a decrease of 47.3% from the April 30th total of 90,172 shares. Based on an average daily volume of 264,152 shares, the days-to-cover ratio is presently 0.2 days.
Roscan Gold Trading Up 7.1%
OTCMKTS RCGCF opened at $0.13 on Wednesday. Roscan Gold has a twelve month low of $0.04 and a twelve month high of $0.20. The stock has a fifty day simple moving average of $0.15 and a 200-day simple moving average of $0.13.
Roscan Gold Company Profile
Roscan Gold Corporation is a Canadian-based mineral exploration and development company focused on advancing gold projects in West Africa. The company’s primary activities encompass regional-scale exploration, resource delineation and metallurgical studies aimed at developing economically viable gold deposits. Roscan Gold holds a significant land package in Côte d’Ivoire’s prolific Birimian gold belt, where it is carrying out systematic drilling campaigns and field mapping to expand its resource base.
The company’s flagship asset is the 100%-owned Anumso Gold Project, located in the Sissédougou region of northern Côte d’Ivoire.
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