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

Asante Gold Co. (OTCMKTS:ASGOF) saw a large drop in short interest in December. As of December 31st, there was short interest totalling 69,900 shares, a drop of 6.6% from the December 15th total of 74,800 shares. Based on an average daily volume of 7,900 shares, the short-interest ratio is currently 8.8 days.

Asante Gold Stock Down 5.7 %

Shares of ASGOF opened at C$0.68 on Friday. The firm’s 50 day moving average is C$0.80 and its 200-day moving average is C$0.87. Asante Gold has a 12-month low of C$0.66 and a 12-month 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.