Galantas Gold Co. (OTCMKTS:GALKF) Stock Short Interest Report for October

Galantas Gold Co. (OTCMKTS:GALKF) was the target of a large drop in short interest in October. As of October 15th, there was short interest totaling 78,400 shares, a drop of 96.2% from the September 30th total of 2,075,900 shares. Based on an average daily volume of 8,424 shares, the days-to-cover ratio is currently 9.3 days.

Galantas Gold Stock Performance

Shares of GALKF stock remained flat at $0.29 on Monday. 8,650 shares of the company traded hands, compared to its average volume of 43,957. Galantas Gold has a 1-year low of $0.16 and a 1-year high of $0.58. The firm’s fifty day moving average price is $0.38 and its two-hundred day moving average price is $0.32.

Galantas Gold Company Profile

Galantas Gold Corp. is a Canadian mineral exploration and development company focused on gold assets in Northern Ireland. The company’s principal property is the Omagh Project in County Tyrone, which includes the Cavanacaw underground mine and surrounding exploration licenses.

The Omagh Project contains multiple gold-bearing vein systems, including the Kearney and Joshua veins. Galantas has worked to advance underground mine development, expand known mineralization through exploration drilling, and evaluate opportunities to increase gold production from the property.