Scorpio Gold Co. (OTCMKTS:SRCRF) Short Interest Up 588.2% in June

Scorpio Gold Co. (OTCMKTS:SRCRF) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 101,898 shares, an increase of 588.2% from the June 15th total of 14,806 shares. Based on an average trading volume of 463,606 shares, the short-interest ratio is presently 0.2 days.

Scorpio Gold Stock Performance

OTCMKTS SRCRF traded up $0.00 during trading hours on Friday, hitting $0.19. The company had a trading volume of 39,686 shares, compared to its average volume of 332,968. Scorpio Gold has a 1-year low of $0.13 and a 1-year high of $0.47. The business has a 50 day moving average of $0.24 and a 200-day moving average of $0.27.

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.