Scorpio Gold Co. (OTCMKTS:SRCRF – Get Free Report) saw a significant drop in short interest in October. As of October 30th, there was short interest totaling 15,782 shares, a drop of 88.9% from the October 15th total of 142,033 shares. Based on an average daily volume of 179,713 shares, the days-to-cover ratio is currently 0.1 days.
Scorpio Gold Stock Down 8.0%
Shares of Scorpio Gold stock traded down $0.01 on Thursday, hitting $0.16. The stock had a trading volume of 33,060 shares, compared to its average volume of 280,183. Scorpio Gold has a 52-week low of $0.15 and a 52-week high of $0.61. The company’s 50 day moving average price is $0.20 and its 200 day moving average price is $0.24.
Scorpio Gold Company Profile
Scorpio Gold Corporation is a Canadian mineral exploration and development company focused on advancing gold properties in Nevada. The company’s activities include the acquisition, exploration, evaluation and development of precious-metal projects, with an emphasis on projects that have existing infrastructure or a history of gold production. Scorpio Gold’s principal assets are located in the Manhattan District of Nye County, Nevada. The district includes the Manhattan property and the Goldwedge project, a past-producing underground gold mine that is associated with a processing mill.
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