Santo Mining Corp (OTC:SANP) Rebounds After a Volatile Session

Las Vegas, NV -- (SBWIRE) -- 01/30/2013 -- Santo Mining Corp (OTC:SANP) remained under pressure the whole session today however ended with gains of 1.23 percent to close at $0.205. Traded volume remained modestly lower at 48,341 shares as compared to its average traded volume of 333,537 shares per day.

The stock price has the seen the lowest of $0.16 in last one year where it also finds strong support. The share price has touched it’s highest of $11 in last 52 weeks back in October 2012. That is the same time when the company offered the split of 1:4 and resulted in heavy fall in its share price.

Santo Mining Corporation entered in an agreement last month with Deer Valley Management LLC according to which it offered 5 million of its common stocks on $0.001 par value.

The company is engaged in acquisition, exploration and development of gold mineral resources in Dominican Republic. It’s major properties include Hispaniola Gold-Copper Back-Arc area.

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