Galantas Gold Co. (OTCMKTS:GALKF) Sees Significant Drop in Short Interest

Galantas Gold Co. (OTCMKTS:GALKF) was the recipient of a significant drop in short interest in March. As of March 31st, there was short interest totalling 14,100 shares, a drop of 79.4% from the March 15th total of 68,500 shares. Based on an average daily trading volume, of 38,500 shares, the short-interest ratio is currently 0.4 days.

Galantas Gold Stock Performance

OTCMKTS GALKF traded up $0.01 on Monday, reaching $0.06. 92,788 shares of the company were exchanged, compared to its average volume of 36,929. The business’s fifty day moving average price is $0.05 and its 200 day moving average price is $0.05. Galantas Gold has a fifty-two week low of $0.02 and a fifty-two week high of $0.18.

Galantas Gold Company Profile

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.