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

Asante Gold Co. (OTCMKTS:ASGOF) was the target of a significant drop in short interest in the month of 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 trading volume of 7,900 shares, the short-interest ratio is currently 8.8 days.

Asante Gold Stock Performance

Shares of OTCMKTS:ASGOF opened at C$0.68 on Monday. Asante Gold has a 12 month low of C$0.66 and a 12 month high of C$1.09. The company’s fifty day simple moving average is C$0.80 and its 200 day simple moving average is C$0.87.

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.