Star Gold Corp. (OTCMKTS:SRGZ) Short Interest Up 367,158.3% in May

Star Gold Corp. (OTCMKTS:SRGZ) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 44,071 shares, an increase of 367,158.3% from the May 14th total of 12 shares. Based on an average trading volume of 165,992 shares, the days-to-cover ratio is currently 0.3 days.

Star Gold Price Performance

OTCMKTS SRGZ remained flat at $0.18 on Tuesday. 73,613 shares of the company’s stock were exchanged, compared to its average volume of 46,092. Star Gold has a twelve month low of $0.01 and a twelve month high of $0.21. The stock has a 50 day moving average price of $0.14 and a 200-day moving average price of $0.11.

About Star Gold

Star Gold Corp., a pre-development stage company, acquires, evaluates, and explores for precious and base metal properties in the United States. The company primarily explores for gold, silver, and other base metal-bearing properties. It holds interest in the Longstreet Property, which includes 142 mineral claims covering an area of approximately 2,500 acres located in Nye County, Nevada. The company was formerly known as Elan Development, Inc and changed its name to Star Gold Corp. in April 2008.