Roscan Gold Co. (OTCMKTS:RCGCF – Get Free Report) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 10,458 shares, a drop of 55.5% from the September 15th total of 23,480 shares. Based on an average trading volume of 203,545 shares, the days-to-cover ratio is currently 0.1 days.
Roscan Gold Price Performance
Shares of OTCMKTS:RCGCF traded up $0.00 during trading on Tuesday, hitting $0.11. 48,316 shares of the stock were exchanged, compared to its average volume of 140,077. Roscan Gold has a 1-year low of $0.06 and a 1-year high of $0.20. The company’s fifty day simple moving average is $0.14 and its 200-day simple moving average is $0.14.
Roscan Gold Company Profile
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, a large exploration property in a region known for gold production.
Roscan’s activities include geological mapping, geochemical sampling, drilling, resource evaluation and other exploration work designed to identify and assess gold mineralization. The company is an exploration-stage business and does not currently operate a producing mine or sell gold products.
Roscan Gold is headquartered in Canada and directs its exploration efforts primarily toward its Malian properties.
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