Scorpio Gold Co. (OTCMKTS:SRCRF – Get Free Report) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 142,033 shares, a growth of 654.5% from the September 30th total of 18,825 shares. Based on an average trading volume of 228,927 shares, the days-to-cover ratio is presently 0.6 days.
Scorpio Gold Trading Up 0.2%
OTCMKTS:SRCRF opened at $0.17 on Wednesday. Scorpio Gold has a fifty-two week low of $0.15 and a fifty-two week high of $0.61. The business’s 50-day simple moving average is $0.21 and its 200-day simple moving average is $0.25.
About Scorpio Gold
Scorpio Gold Corporation is a mineral exploration and development company focused on advancing gold properties in Nevada, United States. The company’s activities include geological exploration, resource evaluation, mine planning and the development of projects with the potential to support future gold production.
Scorpio Gold’s principal assets are located in the Walker Lane Trend of western Nevada and include the Manhattan District and the Mineral Ridge project. The Manhattan District encompasses the Goldwedge property and other exploration targets in the Manhattan mining area.
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