Star Gold Corp. (OTCMKTS:SRGZ) Sees Large Drop in Short Interest

Star Gold Corp. (OTCMKTS:SRGZ) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 24,188 shares, a decrease of 45.1% from the May 31st total of 44,071 shares. Based on an average daily trading volume, of 67,355 shares, the days-to-cover ratio is presently 0.4 days.

Star Gold Trading Down 1.6%

SRGZ stock opened at $0.20 on Friday. The firm has a 50 day moving average of $0.16 and a 200-day moving average of $0.13. Star Gold has a 12-month low of $0.01 and a 12-month high of $0.21.

About Star Gold

Star Gold Corp., a pre-development stage company, acquires, evaluates, and explores for precious and base metal properties in the United States. The company primarily explores for gold, silver, and other base metal-bearing properties. It holds interest in the Longstreet Property, which includes 142 mineral claims covering an area of approximately 2,500 acres located in Nye County, Nevada. The company was formerly known as Elan Development, Inc and changed its name to Star Gold Corp. in April 2008.