Galantas Gold Co. (OTCMKTS:GALKF) Stock Short Interest Report for October

Galantas Gold Co. (OTCMKTS:GALKF) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 78,400 shares, a drop of 96.2% from the September 30th total of 2,075,900 shares. Based on an average daily volume of 8,424 shares, the short-interest ratio is currently 9.3 days.

Galantas Gold Price Performance

Shares of Galantas Gold stock remained flat at $0.29 during trading on Monday. The stock had a trading volume of 8,650 shares, compared to its average volume of 43,957. Galantas Gold has a fifty-two week low of $0.16 and a fifty-two week high of $0.58. The business’s fifty day moving average is $0.38 and its two-hundred day moving average is $0.32.

About Galantas Gold

Galantas Gold Corp. is a Canadian mineral exploration and development company focused on gold assets in Northern Ireland. The company’s principal property is the Omagh Project in County Tyrone, which includes the Cavanacaw underground mine and surrounding exploration licenses.

The Omagh Project contains multiple gold-bearing vein systems, including the Kearney and Joshua veins. Galantas has worked to advance underground mine development, expand known mineralization through exploration drilling, and evaluate opportunities to increase gold production from the property.