Scorpio Gold Co. (OTCMKTS:SRCRF) Sees Large Growth in Short Interest

Scorpio Gold Co. (OTCMKTS:SRCRF) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 101,898 shares, an increase of 588.2% from the June 15th total of 14,806 shares. Based on an average trading volume of 463,606 shares, the short-interest ratio is presently 0.2 days.

Scorpio Gold Trading Up 0.5%

Shares of OTCMKTS:SRCRF traded up $0.00 during midday trading on Friday, hitting $0.19. The company had a trading volume of 39,686 shares, compared to its average volume of 332,968. Scorpio Gold has a 12-month low of $0.13 and a 12-month high of $0.47. The company has a fifty day moving average of $0.24 and a two-hundred day moving average of $0.27.

Scorpio Gold Company Profile

Scorpio Gold (OTCMKTS:SRCRF) is a mineral exploration and development company focused on identifying, acquiring and advancing gold resource properties in the western United States. The company undertakes geological mapping, surface sampling and drilling programs to delineate mineralization and assess the economic potential of its projects. Scorpio Gold is dedicated to moving its assets from the exploration stage toward resource definition and development through detailed technical and environmental studies.

The company’s principal assets include the Golden Monarch project near Winnemucca, Nevada, and several targets within the Red Hills mining district of Elko County.