Roscan Gold Co. (OTCMKTS:RCGCF) Stock Short Interest Declines 45.0%

Roscan Gold Co. (OTCMKTS:RCGCF) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 5,749 shares, a decrease of 45.0% from the September 30th total of 10,458 shares. Based on an average daily volume of 104,495 shares, the short-interest ratio is presently 0.1 days.

Roscan Gold Trading Down 5.3%

Shares of OTCMKTS:RCGCF traded down $0.01 during midday trading on Friday, reaching $0.09. The company had a trading volume of 167,350 shares, compared to its average volume of 137,180. The company has a fifty day simple moving average of $0.13 and a two-hundred day simple moving average of $0.14. Roscan Gold has a 1-year low of $0.06 and a 1-year high of $0.20.

Roscan Gold Company Profile

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.