Sonoro Gold Corp. (OTCMKTS:SMOFF – Get Free Report) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 292 shares. Based on an average daily trading volume, of 208,389 shares, the short-interest ratio is presently 0.0 days.
Sonoro Gold Price Performance
Shares of SMOFF traded up $0.00 during mid-day trading on Wednesday, hitting $0.13. 17,300 shares of the company’s stock were exchanged, compared to its average volume of 185,742. Sonoro Gold has a fifty-two week low of $0.12 and a fifty-two week high of $0.25. The business’s 50 day moving average is $0.15 and its two-hundred day moving average is $0.16.
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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