Scorpio Gold Co. (OTCMKTS:SRCRF – Get Free Report) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 34,599 shares, a decrease of 51.6% from the August 15th total of 71,507 shares. Based on an average trading volume of 319,081 shares, the days-to-cover ratio is currently 0.1 days.
Scorpio Gold Stock Performance
OTCMKTS SRCRF opened at $0.21 on Tuesday. The stock’s 50-day simple moving average is $0.22 and its two-hundred day simple moving average is $0.25. Scorpio Gold has a twelve month low of $0.15 and a twelve month high of $0.61.
About Scorpio Gold
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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