Asante Gold Co. (OTCMKTS:ASGOF) Sees Significant Decline in Short Interest

Asante Gold Co. (OTCMKTS:ASGOF) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 69,900 shares, a decrease of 6.6% from the December 31st total of 74,800 shares. Based on an average daily trading volume, of 7,900 shares, the days-to-cover ratio is presently 8.8 days.

Asante Gold Price Performance

ASGOF stock opened at C$0.63 on Monday. The firm has a 50-day simple moving average of C$0.75 and a 200-day simple moving average of C$0.86. Asante Gold has a 52 week low of C$0.60 and a 52 week high of C$1.09.

About Asante Gold

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.