Galantas Gold (OTCMKTS:GALKF) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Galantas Gold Co. (OTCMKTS:GALKFGet Free Report)’s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.08 and traded as low as $0.03. Galantas Gold shares last traded at $0.03, with a volume of 2,500 shares trading hands.

Galantas Gold Stock Performance

The stock’s 50 day simple moving average is $0.04 and its 200-day simple moving average is $0.08.

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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