Scorpio Gold Co. (OTCMKTS:SRCRF – Get Free Report) was the recipient of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 44,310 shares, a decline of 50.5% from the April 15th total of 89,426 shares. Based on an average trading volume of 371,531 shares, the days-to-cover ratio is presently 0.1 days.
Scorpio Gold Stock Performance
SRCRF stock opened at $0.29 on Monday. The firm’s 50-day moving average price is $0.28 and its two-hundred day moving average price is $0.28. Scorpio Gold has a 12-month low of $0.08 and a 12-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.
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