Scorpio Gold Co. (OTCMKTS:SRCRF) Sees Significant Decrease in Short Interest

Scorpio Gold Co. (OTCMKTS:SRCRF) was the target of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 144,780 shares, a decrease of 18.7% from the November 30th total of 178,104 shares. Based on an average daily trading volume, of 656,874 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 656,874 shares, the days-to-cover ratio is currently 0.2 days.

Scorpio Gold Stock Down 0.6%

SRCRF stock opened at $0.25 on Friday. The business’s 50-day moving average price is $0.25 and its 200-day moving average price is $0.23. Scorpio Gold has a twelve month low of $0.05 and a twelve month high of $0.38.

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.