Scorpio Gold Co. (OTCMKTS:SRCRF – Get Free Report) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 14,806 shares, a decrease 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 Price Performance
Shares of SRCRF stock traded up $0.01 on Friday, reaching $0.20. 116,367 shares of the company were exchanged, compared to its average volume of 347,331. The company has a 50-day moving average of $0.25 and a 200-day moving average of $0.28. Scorpio Gold has a one year low of $0.13 and a one year high of $0.47.
About Scorpio Gold
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.
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