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

Galantas Gold Co. (OTCMKTS:GALKFGet Free Report) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 1,816,000 shares, a growth of 683.5% from the May 31st total of 231,778 shares. Based on an average daily volume of 104,773 shares, the days-to-cover ratio is currently 17.3 days.

Galantas Gold Stock Down 5.9%

OTCMKTS:GALKF opened at $0.32 on Friday. Galantas Gold has a 12 month low of $0.16 and a 12 month high of $0.48. The company has a 50 day simple moving average of $0.30 and a two-hundred day simple moving average of $0.19.

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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