Galantas Gold Co. (OTCMKTS:GALKF) Short Interest Down 28.0% in March

Galantas Gold Co. (OTCMKTS:GALKF) saw a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 68,500 shares, a drop of 28.0% from the February 28th total of 95,100 shares. Based on an average daily trading volume, of 45,900 shares, the days-to-cover ratio is presently 1.5 days.

Galantas Gold Stock Performance

Shares of GALKF stock traded up $0.01 during midday trading on Monday, hitting $0.06. 35,894 shares of the company were exchanged, compared to its average volume of 39,521. Galantas Gold has a 52 week low of $0.02 and a 52 week high of $0.18. The firm’s 50 day moving average price is $0.04 and its two-hundred day moving average price is $0.06.

Galantas Gold Company Profile

Galantas Gold Corporation engages in the acquisition, exploration, and development of mineral properties. It explores for gold, silver, zinc, copper, and lead deposits. The company owns and operates the Omagh Gold Project, which covers an area of 189 square kilometers located in Northern Ireland. It also has an option agreement to acquire a 100% interest in the Gairloch Project, covering 217 square kilometers mineral license area in Scotland.