Scorpio Gold (OTCMKTS:SRCRF) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened
by Michael Walen · The Markets DailyScorpio Gold Co. (OTCMKTS:SRCRF – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.26 and traded as low as $0.2364. Scorpio Gold shares last traded at $0.2410, with a volume of 42,323 shares.
Scorpio Gold Trading Down 9.1%
The company’s fifty day simple moving average is $0.20 and its 200-day simple moving average is $0.26.
About Scorpio Gold
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.