Short Interest in Sonoro Gold Corp. (OTCMKTS:SMOFF) Rises By 134.0%

Sonoro Gold Corp. (OTCMKTS:SMOFF) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 18,544 shares, a growth of 134.0% from the May 31st total of 7,924 shares. Based on an average trading volume of 313,227 shares, the short-interest ratio is presently 0.1 days.

Sonoro Gold Price Performance

OTCMKTS SMOFF traded down $0.00 during trading hours on Tuesday, hitting $0.15. The company’s stock had a trading volume of 28,504 shares, compared to its average volume of 208,252. Sonoro Gold has a 52 week low of $0.10 and a 52 week high of $0.25. The company’s 50-day simple moving average is $0.17 and its two-hundred day simple moving average is $0.19.

Sonoro Gold Corp. is a Canadian mineral exploration and development company focused on advancing gold projects in the state of Sonora, Mexico. Headquartered in Vancouver, the company’s primary objective is to delineate and develop economically viable gold resources through systematic exploration, metallurgical testing and pilot‐scale production.

The company’s flagship asset is the 100%-owned Cerro Caliche gold project, located approximately 25 kilometers northeast of Navojoa. Cerro Caliche comprises a low‐sulfidation, oxide gold deposit amenable to heap leach processing, and Sonoro has completed a preliminary economic assessment alongside metallurgical and hydrogeological studies.