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

Galantas Gold Co. (OTCMKTS:GALKF) was the target of a large growth in short interest in September. As of September 30th, there was short interest totalling 31,900 shares, a growth of 31,800.0% from the September 15th total of 100 shares. Based on an average daily volume of 112,000 shares, the days-to-cover ratio is currently 0.3 days.

Galantas Gold Stock Performance

OTCMKTS GALKF opened at $0.09 on Friday. The company has a 50 day moving average of $0.09 and a 200-day moving average of $0.12. Galantas Gold has a 1-year low of $0.06 and a 1-year high of $0.23.

Galantas Gold Company Profile

Galantas Gold Corporation engages in the acquisition, exploration, and development of gold properties primarily in Omagh, Northern Ireland. It primarily explores for gold, silver, and lead deposits. The company owns and operates a producing open-pit gold mine near Omagh, which covers an area of 189 square kilometers; and the Gairloch project that covering an area of 217 square kilometers located in the Gairloch Schist Belt.