Sonoro Gold Corp. (OTCMKTS:SMOFF) Short Interest Up 692.4% in May

Sonoro Gold Corp. (OTCMKTS:SMOFF – Get Free Report) was the recipient of a significant growth in short interest in 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 short-interest ratio is presently 0.0 days.

Sonoro Gold Trading Up 7.1%

SMOFF opened at $0.15 on Friday. Sonoro Gold has a fifty-two week low of $0.09 and a fifty-two week high of $0.25. The firm’s fifty day moving average price is $0.18 and its two-hundred day moving average price is $0.19.

Get Sonoro Gold alerts:

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.

Read More

• Five stocks we like better than Sonoro Gold
• Build On a Strong Earnings Season With These 3 ETFs
• Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
• NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
• The World Cup Is Coming—These 3 Stocks Could Cash In

Receive News & Ratings for Sonoro Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sonoro Gold and related companies with MarketBeat.com's FREE daily email newsletter.