Sonoro Gold Corp. (OTCMKTS:SMOFF – Get Free Report) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 1,000 shares, a growth of 242.5% from the September 15th total of 292 shares. Based on an average daily volume of 251,305 shares, the short-interest ratio is presently 0.0 days.
Sonoro Gold Price Performance
Shares of SMOFF stock traded down $0.00 during trading hours on Friday, reaching $0.12. The company had a trading volume of 202,494 shares, compared to its average volume of 189,474. The stock’s fifty day simple moving average is $0.14 and its 200 day simple moving average is $0.16. Sonoro Gold has a twelve month low of $0.12 and a twelve month high of $0.25.
The company’s principal asset is the Cerro Caliche gold project in Sonora, Mexico, a property containing multiple mineralized zones that Sonoro is evaluating for potential open-pit, heap-leach mining. Exploration work has included drilling, geological mapping, sampling and metallurgical studies intended to support project development and further define the property’s gold resources.
Sonoro Gold’s operations are concentrated in Mexico, while the company is publicly listed in Canada and trades in the United States under the symbol SMOFF.
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