Scorpio Gold Co. (OTCMKTS:SRCRF) Stock Short Interest Declines 59.2%

Scorpio Gold Co. (OTCMKTS:SRCRF) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 18,825 shares, a drop of 59.2% from the September 15th total of 46,096 shares. Based on an average trading volume of 244,509 shares, the days-to-cover ratio is currently 0.1 days.

Scorpio Gold Price Performance

Scorpio Gold stock opened at $0.17 on Thursday. Scorpio Gold has a fifty-two week low of $0.15 and a fifty-two week high of $0.61. The firm has a fifty day moving average price of $0.22 and a two-hundred day moving average price of $0.23.

Scorpio Gold Company Profile

Scorpio Gold Corporation is a mineral exploration and development company focused on advancing gold properties in Nevada, United States. The company’s activities include geological exploration, resource evaluation, mine planning and the development of projects with the potential to support future gold production.

Scorpio Gold’s principal assets are located in the Walker Lane Trend of western Nevada and include the Manhattan District and the Mineral Ridge project. The Manhattan District encompasses the Goldwedge property and other exploration targets in the Manhattan mining area.