Asante Gold Co. (OTCMKTS:ASGOF) Short Interest Up 60.2% in October

Asante Gold Co. (OTCMKTS:ASGOF) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 62,800 shares, a growth of 60.2% from the September 30th total of 39,200 shares. Based on an average daily volume of 3,400 shares, the days-to-cover ratio is currently 18.5 days.

Asante Gold Price Performance

ASGOF remained flat at C$0.97 on Monday. Asante Gold has a one year low of C$0.66 and a one year high of C$1.26. The business has a 50 day moving average price of C$0.98 and a 200 day moving average price of C$0.89.

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.