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

Scorpio Gold Co. (OTCMKTS:SRCRF) saw a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 44,310 shares, a decrease 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 currently 0.1 days.

Scorpio Gold Stock Performance

OTCMKTS:SRCRF traded down $0.02 on Friday, hitting $0.29. 100,887 shares of the stock were exchanged, compared to its average volume of 391,374. The stock has a fifty day moving average of $0.28 and a 200-day moving average of $0.28. Scorpio Gold has a fifty-two week low of $0.08 and a fifty-two week 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.