Scorpio Gold Co. (OTCMKTS:SRCRF) Shares Shorted: Short Interest Down 88.9% in October

Scorpio Gold Co. (OTCMKTS:SRCRF) was the recipient of a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 15,782 shares, a decrease of 88.9% from the October 15th total of 142,033 shares. Based on an average daily trading volume, of 179,713 shares, the days-to-cover ratio is currently 0.1 days.

Scorpio Gold Price Performance

Shares of Scorpio Gold stock traded down $0.00 during trading on Wednesday, hitting $0.17. 12,425 shares of the company were exchanged, compared to its average volume of 281,270. Scorpio Gold has a 1-year low of $0.15 and a 1-year high of $0.61. The firm’s fifty 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.