Asante Gold Co. (OTCMKTS:ASGOF) Short Interest Update

Asante Gold Co. (OTCMKTS:ASGOFGet Rating) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totalling 3,600 shares, an increase of 3,500.0% from the June 30th total of 100 shares. Based on an average trading volume of 2,000 shares, the short-interest ratio is presently 1.8 days.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group assumed coverage on Asante Gold in a report on Thursday, April 14th. They issued a “buy” rating on the stock.

Asante Gold Stock Performance

Shares of OTCMKTS ASGOF opened at 0.90 on Thursday. Asante Gold has a 1-year low of 0.50 and a 1-year high of 1.80. The firm’s 50-day moving average price is 1.19.

Asante Gold Company Profile

(Get Rating)

Asante Gold Corporation, a mineral exploration company, engages in the acquisition, exploration, and development 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.

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