Galantas Gold Co. (OTCMKTS:GALKF) Short Interest Update

by · The Markets Daily

Galantas Gold Co. (OTCMKTS:GALKFGet Free Report) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 2,000 shares, a drop of 93.7% from the September 30th total of 31,900 shares. Based on an average daily volume of 29,700 shares, the days-to-cover ratio is presently 0.1 days.

Galantas Gold Stock Down 11.3 %

Shares of GALKF traded down $0.01 during mid-day trading on Friday, hitting $0.08. 8,966 shares of the company were exchanged, compared to its average volume of 45,592. Galantas Gold has a 1-year low of $0.06 and a 1-year high of $0.23. The company has a 50 day moving average of $0.09 and a 200-day moving average of $0.11.

About Galantas Gold

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Galantas Gold Corporation engages in the acquisition, exploration, and development of mineral properties. It explores for gold, silver, zinc, copper, and lead deposits. The company owns and operates the Omagh Gold Project, which covers an area of 189 square kilometers located in Northern Ireland. It also has an option agreement to acquire a 100% interest in the Gairloch Project, covering 217 square kilometers mineral license area in Scotland.

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