Sonoro Gold Corp. (OTCMKTS:SMOFF) Sees Significant Growth in Short Interest

Sonoro Gold Corp. (OTCMKTS:SMOFF) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 1,000 shares, a growth of 242.5% from the September 15th total of 292 shares. Based on an average trading volume of 251,305 shares, the days-to-cover ratio is presently 0.0 days.

Sonoro Gold Trading Down 3.4%

Shares of SMOFF stock traded down $0.00 on Tuesday, reaching $0.12. The company’s stock had a trading volume of 58,286 shares, compared to its average volume of 187,827. The stock’s fifty day simple moving average is $0.14 and its 200-day simple moving average is $0.16. Sonoro Gold has a 1 year low of $0.12 and a 1 year high of $0.25.

Sonoro Gold Corp. is a Canada-based mineral exploration and development company focused on advancing gold projects in Mexico. Its activities include mineral exploration, resource evaluation, project permitting and the assessment of potential development opportunities.

The company’s principal asset is the Cerro Caliche gold project in Sonora, Mexico, a property containing multiple mineralized zones that Sonoro is evaluating for potential open-pit, heap-leach mining. Exploration work has included drilling, geological mapping, sampling and metallurgical studies intended to support project development and further define the property’s gold resources.

Sonoro Gold’s operations are concentrated in Mexico, while the company is publicly listed in Canada and trades in the United States under the symbol SMOFF.