Roscan Gold Co. (OTCMKTS:RCGCF – Get Free Report) saw a large decline in short interest in October. As of October 15th, there was short interest totaling 5,749 shares, a decline of 45.0% from the September 30th total of 10,458 shares. Based on an average daily trading volume, of 104,495 shares, the short-interest ratio is presently 0.1 days.
Roscan Gold Trading Down 5.3%
RCGCF stock traded down $0.01 during trading hours on Friday, hitting $0.09. 167,350 shares of the stock traded hands, compared to its average volume of 137,180. The stock has a 50-day simple moving average of $0.13 and a 200 day simple moving average of $0.14. Roscan Gold has a one year low of $0.06 and a one year high of $0.20.
About Roscan Gold
Roscan Gold Corporation is a Canadian mineral exploration company focused on the discovery and development of gold deposits in West Africa. The company’s principal asset is the Kandiole gold project in western Mali, where it conducts exploration activities, including geological mapping, geochemical surveys and drilling.
The Kandiole project comprises a large group of exploration permits in the prolific gold-producing region of western Mali. Roscan has identified multiple exploration targets across the project area, including prospects such as Kabaya, Mankouke South, Dabora and Dissala.
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