Roscan Gold Co. (OTCMKTS:RCGCF – Get Free Report) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 23,480 shares, an increase of 252.8% from the August 31st total of 6,655 shares. Based on an average daily trading volume, of 126,113 shares, the short-interest ratio is currently 0.2 days.
Roscan Gold Stock Performance
Shares of RCGCF opened at $0.14 on Friday. The firm’s 50-day moving average is $0.14 and its two-hundred day moving average is $0.14. Roscan Gold has a twelve month low of $0.06 and a twelve month high of $0.20.
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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