Scorpio Gold Co. (OTCMKTS:SRCRF) Short Interest Update

Scorpio Gold Co. (OTCMKTS:SRCRF) was the target of a large drop in short interest in April. As of April 30th, there was short interest totaling 44,310 shares, a drop of 50.5% from the April 15th total of 89,426 shares. Based on an average daily trading volume, of 371,531 shares, the days-to-cover ratio is currently 0.1 days.

Scorpio Gold Stock Down 7.8%

Shares of OTCMKTS:SRCRF traded down $0.02 on Friday, hitting $0.29. 100,887 shares of the company’s stock were exchanged, compared to its average volume of 391,374. Scorpio Gold has a 12 month low of $0.08 and a 12 month high of $0.47. The business’s 50 day simple moving average is $0.28 and its two-hundred day simple moving average is $0.28.

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.