Short Interest in Scorpio Gold Co. (OTCMKTS:SRCRF) Decreases By 79.5%

Scorpio Gold Co. (OTCMKTS:SRCRF) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 14,806 shares, a drop of 79.5% from the May 31st total of 72,096 shares. Based on an average daily volume of 337,667 shares, the days-to-cover ratio is currently 0.0 days.

Scorpio Gold Stock Down 4.8%

Shares of OTCMKTS:SRCRF traded down $0.01 during mid-day trading on Monday, hitting $0.19. 11,837 shares of the company traded hands, compared to its average volume of 344,525. The stock has a 50-day moving average price of $0.25 and a two-hundred day moving average price of $0.28. Scorpio Gold has a 12-month low of $0.13 and a 12-month high of $0.47.

Scorpio Gold Company Profile

Scorpio Gold (OTCMKTS:SRCRF) is a mineral exploration and development company focused on identifying, acquiring and advancing gold resource properties in the western United States. The company undertakes geological mapping, surface sampling and drilling programs to delineate mineralization and assess the economic potential of its projects. Scorpio Gold is dedicated to moving its assets from the exploration stage toward resource definition and development through detailed technical and environmental studies.

The company’s principal assets include the Golden Monarch project near Winnemucca, Nevada, and several targets within the Red Hills mining district of Elko County.