Short Interest in Scorpio Gold Co. (OTCMKTS:SRCRF) Expands By 629.1%

Scorpio Gold Co. (OTCMKTS:SRCRF) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totalling 40,100 shares, an increase of 629.1% from the June 15th total of 5,500 shares. Based on an average daily volume of 20,100 shares, the days-to-cover ratio is presently 2.0 days.

Scorpio Gold Stock Performance

Scorpio Gold stock remained flat at $0.10 during mid-day trading on Friday. Scorpio Gold has a 52 week low of $0.03 and a 52 week high of $0.40. The company’s fifty day moving average is $0.12 and its 200-day moving average is $0.15.

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.