Asante Gold Co. (OTCMKTS:ASGOF) Sees Large Decrease in Short Interest

Asante Gold Co. (OTCMKTS:ASGOF) was the target of a large decline in short interest in January. As of January 31st, there was short interest totalling 9,600 shares, a decline of 83.6% from the January 15th total of 58,600 shares. Based on an average trading volume of 12,600 shares, the days-to-cover ratio is currently 0.8 days.

Asante Gold Stock Performance

Shares of Asante Gold stock remained flat at C$0.72 during trading hours on Thursday. Asante Gold has a fifty-two week low of C$0.60 and a fifty-two week high of C$1.08. The company has a fifty day moving average price of C$0.73 and a two-hundred day moving average price of C$0.86.

Asante Gold Company Profile

Asante Gold Corporation, a mineral exploration company, engages in the acquisition, exploration, development, and operation of mineral resource properties in the Republic of Ghana. It holds 100% interest in the Fahiakoba concession situated in the Ashanti and Central regions in the Republic of Ghana; and 90% interest in the Bibiani gold mine located in the western region of Ghana.