Galantas Gold Co. (OTCMKTS:GALKF) Short Interest Update

Galantas Gold Co. (OTCMKTS:GALKFGet Free Report) was the target of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 78,000 shares, an increase of 130.1% from the May 15th total of 33,900 shares. Based on an average daily trading volume, of 253,900 shares, the days-to-cover ratio is currently 0.3 days.

Galantas Gold Price Performance

Shares of GALKF stock remained flat at $0.11 during trading hours on Thursday. 5,500 shares of the stock were exchanged, compared to its average volume of 52,997. The business has a 50 day moving average of $0.14 and a two-hundred day moving average of $0.14. Galantas Gold has a 52-week low of $0.08 and a 52-week high of $0.26.

About Galantas Gold

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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.

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