Sonoro Gold Corp. (OTCMKTS:SMOFF) Short Interest Update

Sonoro Gold Corp. (OTCMKTS:SMOFF) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 935 shares, a drop of 88.3% from the April 15th total of 8,000 shares. Based on an average daily volume of 250,705 shares, the short-interest ratio is presently 0.0 days.

Sonoro Gold Stock Performance

Shares of OTCMKTS SMOFF opened at $0.20 on Tuesday. The business has a 50-day moving average of $0.18 and a 200-day moving average of $0.18. Sonoro Gold has a fifty-two week low of $0.08 and a fifty-two week high of $0.25.

Sonoro Gold Corp. is a Canadian mineral exploration and development company focused on advancing gold projects in the state of Sonora, Mexico. Headquartered in Vancouver, the company’s primary objective is to delineate and develop economically viable gold resources through systematic exploration, metallurgical testing and pilot‐scale production.

The company’s flagship asset is the 100%-owned Cerro Caliche gold project, located approximately 25 kilometers northeast of Navojoa. Cerro Caliche comprises a low‐sulfidation, oxide gold deposit amenable to heap leach processing, and Sonoro has completed a preliminary economic assessment alongside metallurgical and hydrogeological studies.