Scorpio Gold Co. (OTCMKTS:SRCRF) Sees Significant Decline in Short Interest

Scorpio Gold Co. (OTCMKTS:SRCRF) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 14,806 shares, a decline of 79.5% from the May 31st total of 72,096 shares. Based on an average daily volume of 337,667 shares, the short-interest ratio is presently 0.0 days.

Scorpio Gold Stock Up 5.3%

Shares of OTCMKTS SRCRF traded up $0.01 during midday trading on Friday, reaching $0.20. The stock had a trading volume of 116,367 shares, compared to its average volume of 347,331. The company’s 50 day moving average price is $0.25 and its 200 day moving average price is $0.28. Scorpio Gold has a twelve month low of $0.13 and a twelve month high of $0.47.

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.