Galantas Gold Co. (OTCMKTS:GALKF) Sees Significant Growth in Short Interest

Galantas Gold Co. (OTCMKTS:GALKFGet Free Report) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 1,917,500 shares, a growth of 270.5% from the June 30th total of 517,521 shares. Based on an average daily volume of 46,695 shares, the days-to-cover ratio is currently 41.1 days.

Galantas Gold Price Performance

GALKF stock remained flat at $0.21 during trading on Tuesday. The company had a trading volume of 16,000 shares, compared to its average volume of 60,346. Galantas Gold has a 12 month low of $0.16 and a 12 month high of $0.48. The company’s 50 day moving average price is $0.31 and its 200 day moving average price is $0.22.

About Galantas Gold

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Galantas Gold Corporation is a Canada‐based mineral exploration and development company focused on the acquisition, exploration and production of gold assets. Through its wholly owned subsidiary in Northern Ireland, the company holds an exclusive prospecting licence for the Tyrone Orefield, an area with a long history of gold mining dating back to the 19th century.

The company’s principal asset is the Omagh Gold Project, located near the town of Omagh in County Tyrone, Northern Ireland.

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