Asante Gold Co. (OTCMKTS:ASGOF) Sees Significant Drop in Short Interest

Asante Gold Co. (OTCMKTS:ASGOF) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 10,900 shares, a decline of 28.3% from the February 28th total of 15,200 shares. Based on an average daily trading volume, of 6,000 shares, the short-interest ratio is currently 1.8 days.

Asante Gold Price Performance

Shares of OTCMKTS:ASGOF opened at C$0.80 on Friday. Asante Gold has a 12 month low of C$0.60 and a 12 month high of C$1.08. The company has a 50-day moving average price of C$0.73 and a 200 day moving average price of C$0.84.

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.