Asante Gold (OTCMKTS:ASGOF) Trading Down 5.7% – Should You Sell?

Asante Gold Co. (OTCMKTS:ASGOFGet Free Report)’s share price traded down 5.7% during trading on Thursday . The stock traded as low as C$1.07 and last traded at C$1.07. 123,703 shares traded hands during trading, an increase of 11% from the average session volume of 111,308 shares. The stock had previously closed at C$1.14.

Asante Gold Stock Down 5.7%

The business’s 50 day moving average price is C$1.32 and its two-hundred day moving average price is C$1.40.

About Asante Gold

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Asante Gold Corporation is a Canada‐based mineral exploration and development company focused on advancing gold assets in West Africa. The company’s principal activity is the exploration, evaluation and development of its flagship Kobada Gold Project, situated in the Kayes region of southwestern Mali. Asante Gold holds a granted mining permit for Kobada and has conducted extensive drilling, metallurgical studies and environmental baseline programs to support project advancement.

The Kobada Gold Project hosts a significant gold resource defined through multiple phases of exploration drilling, and Asante Gold has completed a prefeasibility study outlining an open-pit mining scenario with supporting infrastructure.

Further Reading

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