Roscan Gold Co. (OTCMKTS:RCGCF) Sees Large Drop in Short Interest

Roscan Gold Co. (OTCMKTS:RCGCF) was the recipient of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 17,200 shares, a decline of 78.8% from the October 15th total of 81,000 shares. Based on an average trading volume of 173,400 shares, the days-to-cover ratio is currently 0.1 days.

Roscan Gold Stock Down 2.9 %

Shares of RCGCF traded down $0.00 during midday trading on Wednesday, reaching $0.06. The company had a trading volume of 55,333 shares, compared to its average volume of 150,564. Roscan Gold has a 1-year low of $0.04 and a 1-year high of $0.13. The firm has a 50 day simple moving average of $0.07 and a 200-day simple moving average of $0.06.

About Roscan Gold

Roscan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in West Africa. The company explores for gold deposits. It holds 100% interests in the Kandiole project comprising nine contiguous gold prospective permits covering an area of approximately 402 square kilometers located in Mali, West Africa.