Galantas Gold (OTCMKTS:GALKF) Shares Cross Below Fifty Day Moving Average – Here’s Why

Shares of Galantas Gold Co. (OTCMKTS:GALKFGet Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.05 and traded as low as $0.04. Galantas Gold shares last traded at $0.04, with a volume of 27,000 shares traded.

Galantas Gold Trading Down 11.2 %

The firm has a 50-day moving average price of $0.05 and a two-hundred day moving average price of $0.05.

About Galantas Gold

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Galantas Gold Corporation engages in the acquisition, exploration, and development of mineral properties. It explores for gold, silver, zinc, copper, and lead deposits. The company owns and operates the Omagh Gold Project, which covers an area of 189 square kilometers located in Northern Ireland. It also has an option agreement to acquire a 100% interest in the Gairloch Project, covering 217 square kilometers mineral license area in Scotland.

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