Galantas Gold (OTCMKTS:GALKF) Stock Crosses Above Fifty Day Moving Average – Time to Sell?

Galantas Gold Co. (OTCMKTS:GALKF – Get Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $0.24 and traded as high as $0.37. Galantas Gold shares last traded at $0.3470, with a volume of 106,418 shares.

Galantas Gold Stock Down 7.7%

The company’s fifty day simple moving average is $0.25 and its 200-day simple moving average is $0.16.

About Galantas Gold

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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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