Short Interest in Scorpio Gold Co. (OTCMKTS:SRCRF) Increases By 131.0%

Scorpio Gold Co. (OTCMKTS:SRCRF) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totalling 61,900 shares, an increase of 131.0% from the August 31st total of 26,800 shares. Based on an average daily volume of 83,300 shares, the short-interest ratio is presently 0.7 days.

Scorpio Gold Price Performance

Shares of Scorpio Gold stock opened at $0.10 on Friday. Scorpio Gold has a 12 month low of $0.03 and a 12 month high of $0.39. The business has a fifty day simple moving average of $0.11 and a 200 day simple moving average of $0.13.

About Scorpio Gold

Scorpio Gold Corporation, together with its subsidiaries, engages in the exploitation, exploration, and development of mineral resource properties in the United States. It primarily explores for gold and silver deposits. The company holds 100% interests in the Mineral Ridge gold project covering an area of 5,617 hectares located in Esmeralda County, Nevada; and Goldwedge property that covers an area of 726 hectares located in Manhattan, Nevada.