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

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

Galantas Gold Price Performance

OTCMKTS GALKF traded up $0.01 on Monday, reaching $0.06. The stock had a trading volume of 92,788 shares, compared to its average volume of 36,929. Galantas Gold has a 12-month low of $0.02 and a 12-month high of $0.18. The business’s 50-day moving average price is $0.05 and its 200 day moving average price is $0.05.

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.