Asante Gold Co. (OTCMKTS:ASGOF – Get Free Report) shares dropped 0.2% during trading on Thursday . The company traded as low as C$0.85 and last traded at C$0.87. Approximately 31,466 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 98,724 shares. The stock had previously closed at C$0.87.
Asante Gold Trading Down 8.2%
The stock’s 50-day simple moving average is C$0.92 and its 200-day simple moving average is C$1.22.
Asante Gold Company Profile
Asante Gold Corporation is a Canada‐based mineral exploration and development company focused on advancing gold assets in West Africa. The company’s principal activity is the exploration, evaluation and development of its flagship Kobada Gold Project, situated in the Kayes region of southwestern Mali. Asante Gold holds a granted mining permit for Kobada and has conducted extensive drilling, metallurgical studies and environmental baseline programs to support project advancement.
The Kobada Gold Project hosts a significant gold resource defined through multiple phases of exploration drilling, and Asante Gold has completed a prefeasibility study outlining an open-pit mining scenario with supporting infrastructure.
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