Scorpio Gold Co. (OTCMKTS:SRCRF) Short Interest Down 71.6% in June

Scorpio Gold Co. (OTCMKTS:SRCRF) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 5,500 shares, a drop of 71.6% from the May 31st total of 19,400 shares. Based on an average daily trading volume, of 32,400 shares, the short-interest ratio is presently 0.2 days.

Scorpio Gold Price Performance

Shares of SRCRF remained flat at $0.10 during trading hours on Thursday. The stock had a trading volume of 74,834 shares, compared to its average volume of 11,576. The business’s fifty day moving average is $0.14 and its 200 day moving average is $0.16. Scorpio Gold has a 12 month low of $0.03 and a 12 month high of $0.40.

Scorpio Gold Company Profile

Scorpio Gold Corporation, together with its subsidiaries, engages in the exploitation, exploration, and development of mineral resource properties in the United States. It primarily explores for gold and silver deposits. The company holds 100% interests in the Mineral Ridge gold project covering an area of 5,617 hectares located in Esmeralda County, Nevada; and Goldwedge property that covers an area of 726 hectares located in Manhattan, Nevada.