Roscan Gold Co. (OTCMKTS:RCGCF) Sees Large Decrease in Short Interest

Roscan Gold Co. (OTCMKTS:RCGCF – Get Free Report) saw a significant drop in short interest in October. As of October 15th, there was short interest totaling 5,749 shares, a drop of 45.0% from the September 30th total of 10,458 shares. Based on an average trading volume of 104,495 shares, the short-interest ratio is currently 0.1 days.

Roscan Gold Stock Performance

Shares of Roscan Gold stock traded down $0.01 on Monday, hitting $0.08. 753,955 shares of the company’s stock traded hands, compared to its average volume of 138,789. The firm’s 50-day moving average is $0.13 and its 200 day moving average is $0.14. Roscan Gold has a 52-week low of $0.06 and a 52-week high of $0.20.

About Roscan Gold

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Roscan Gold Corporation is a Canadian mineral exploration company focused on the discovery and development of gold deposits in West Africa. The company’s principal asset is the Kandiole gold project in western Mali, where it conducts exploration activities, including geological mapping, geochemical surveys and drilling.

The Kandiole project comprises a large group of exploration permits in the prolific gold-producing region of western Mali. Roscan has identified multiple exploration targets across the project area, including prospects such as Kabaya, Mankouke South, Dabora and Dissala.

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