Sonoro Gold Corp. (OTCMKTS:SMOFF) Short Interest Up 134.0% in June

Sonoro Gold Corp. (OTCMKTS:SMOFF) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 18,544 shares, an increase 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 Stock Up 0.2%

Shares of Sonoro Gold stock traded up $0.00 during trading hours on Monday, reaching $0.15. 88,050 shares of the company were exchanged, compared to its average volume of 207,065. Sonoro Gold has a 1 year low of $0.10 and a 1 year high of $0.25. The stock’s fifty day moving average is $0.17 and its 200 day 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.