Short Interest in Galantas Gold Co. (OTCMKTS:GALKF) Expands By 570.3%

Galantas Gold Co. (OTCMKTS:GALKF) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totalling 24,800 shares, a growth of 570.3% from the June 15th total of 3,700 shares. Based on an average daily volume of 56,100 shares, the short-interest ratio is presently 0.4 days.

Galantas Gold Stock Performance

Shares of GALKF stock traded up $0.03 during midday trading on Thursday, hitting $0.13. 60,906 shares of the company were exchanged, compared to its average volume of 51,621. The firm’s 50 day moving average price is $0.12 and its two-hundred day moving average price is $0.13. Galantas Gold has a 52 week low of $0.08 and a 52 week high of $0.26.

Galantas Gold Company Profile

Galantas Gold Corporation engages in the acquisition, exploration, and development of gold properties primarily in Omagh, Northern Ireland. It primarily explores for gold, silver, and lead deposits. The company owns and operates a producing open-pit gold mine near Omagh, which covers an area of 189 square kilometers; and the Gairloch project that covering an area of 217 square kilometers located in the Gairloch Schist Belt.