Scorpio Gold Co. (OTCMKTS:SRCRF) Sees Large Decline in Short Interest

Scorpio Gold Co. (OTCMKTS:SRCRF) was the recipient of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 30,300 shares, a decline of 54.6% from the February 13th total of 66,700 shares. Based on an average daily trading volume, of 394,500 shares, the days-to-cover ratio is presently 0.1 days.

Scorpio Gold Stock Up 6.8 %

SRCRF stock opened at $0.06 on Friday. The firm’s 50 day moving average price is $0.07 and its 200-day moving average price is $0.09. Scorpio Gold has a one year low of $0.05 and a one year high of $0.25.

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 is based in Vancouver, Canada.