Asante Gold Co. (OTCMKTS:ASGOF) Short Interest Update

Asante Gold Co. (OTCMKTS:ASGOF) was the recipient of a significant increase in short interest in February. As of February 15th, there was short interest totalling 14,900 shares, an increase of 55.2% from the January 31st total of 9,600 shares. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is currently 8.3 days.

Asante Gold Price Performance

Shares of Asante Gold stock opened at C$0.71 on Friday. Asante Gold has a 12-month low of C$0.60 and a 12-month high of C$1.08. The company’s 50-day moving average price is C$0.71 and its 200-day moving average price is C$0.85.

About Asante Gold

Asante Gold Corporation, a mineral exploration company, engages in the acquisition, exploration, development, and operation of mineral resource properties in the Republic of Ghana. It holds 100% interest in the Fahiakoba concession situated in the Ashanti and Central regions in the Republic of Ghana; and 90% interest in the Bibiani gold mine located in the western region of Ghana.