Sonoro Gold Corp. (OTCMKTS:SMOFF) Sees Significant Increase in Short Interest

Sonoro Gold Corp. (OTCMKTS:SMOFF) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 7,924 shares, a growth of 692.4% from the May 14th total of 1,000 shares. Based on an average daily trading volume, of 267,898 shares, the days-to-cover ratio is presently 0.0 days.

Sonoro Gold Stock Down 2.3%

Shares of Sonoro Gold stock traded down $0.00 on Thursday, hitting $0.15. The company had a trading volume of 500 shares, compared to its average volume of 216,145. Sonoro Gold has a twelve month low of $0.09 and a twelve month high of $0.25. The stock has a 50-day moving average of $0.18 and a 200-day moving average of $0.19.

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.