Short Interest in Galantas Gold Co. (OTCMKTS:GALKF) Increases By 570.3%

Galantas Gold Co. (OTCMKTS:GALKF) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totalling 24,800 shares, an increase of 570.3% from the June 15th total of 3,700 shares. Based on an average trading volume of 56,100 shares, the days-to-cover ratio is currently 0.4 days.

Galantas Gold Price Performance

Shares of OTCMKTS:GALKF traded up $0.03 during midday trading on Friday, reaching $0.13. 60,906 shares of the company were exchanged, compared to its average volume of 51,621. The business’s fifty day moving average is $0.12 and its two-hundred day moving average is $0.13. Galantas Gold has a one year low of $0.08 and a one year high of $0.26.

About Galantas Gold

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.