Asante Gold Co. (OTCMKTS:ASGOF – Get Free Report) shares shot up 7.5% on Thursday. The stock traded as high as C$0.52 and last traded at C$0.52. Approximately 11,257 shares changed hands during trading, a decline of 88% from the average daily volume of 97,529 shares. The stock had previously closed at C$0.49.
Asante Gold Stock Up 2.4%
The business’s fifty day simple moving average is C$0.66 and its 200-day simple moving average is C$0.69.
About Asante Gold
Asante Gold Corporation is a Canadian gold-mining company focused on the exploration, development and operation of gold properties in Ghana, West Africa. Its principal assets include the Bibiani Gold Mine in Ghana’s Western North Region and the Chirano Gold Mine in the Western Region.
The company produces gold doré and is working to expand and optimize its operations through mine development, exploration and processing improvements. Asante acquired the Bibiani mine in 2021 and completed its acquisition of the Chirano mine from Kinross Gold in 2022, combining the two established assets within its Ghana-focused portfolio.
Asante Gold is led by President and Chief Executive Officer Dave Anthony.
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