Galantas Gold Co. (OTCMKTS:GALKF) Sees Large Increase in Short Interest

Galantas Gold Co. (OTCMKTS:GALKF) was the recipient of a significant growth in short interest in February. As of February 15th, there was short interest totalling 107,000 shares, a growth of 735.9% from the January 31st total of 12,800 shares. Based on an average trading volume of 61,600 shares, the short-interest ratio is currently 1.7 days.

Galantas Gold Stock Up 7.5 %

Galantas Gold stock traded up $0.00 during midday trading on Friday, hitting $0.04. 14,000 shares of the company’s stock were exchanged, compared to its average volume of 46,764. The firm has a 50-day moving average of $0.04 and a two-hundred day moving average of $0.06. Galantas Gold has a 12 month low of $0.02 and a 12 month high of $0.18.

Galantas Gold Company Profile

Galantas Gold Corporation engages in the acquisition, exploration, and development of mineral properties. It explores for gold, silver, zinc, copper, and lead deposits. The company owns and operates the Omagh Gold Project, which covers an area of 189 square kilometers located in Northern Ireland. It also has an option agreement to acquire a 100% interest in the Gairloch Project, covering 217 square kilometers mineral license area in Scotland.