Sonoro Gold Corp. (OTCMKTS:SMOFF) Short Interest Down 88.3% in April

Sonoro Gold Corp. (OTCMKTS:SMOFF) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 935 shares, a decrease of 88.3% from the April 15th total of 8,000 shares. Based on an average daily volume of 250,705 shares, the days-to-cover ratio is currently 0.0 days.

Sonoro Gold Stock Up 6.7%

Shares of SMOFF stock opened at $0.20 on Tuesday. The company has a 50-day simple moving average of $0.18 and a 200 day simple moving average of $0.18. Sonoro Gold has a 52 week low of $0.08 and a 52 week high of $0.25.

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.