Scorpio Gold (OTCMKTS:SRCRF) Share Price Crosses Below 200-Day Moving Average – Should You Sell?

by · The Markets Daily

Scorpio Gold Co. (OTCMKTS:SRCRF – Get Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.24 and traded as low as $0.2394. Scorpio Gold shares last traded at $0.2401, with a volume of 156,372 shares.

Scorpio Gold Price Performance

The company’s 50-day moving average is $0.26 and its two-hundred day moving average is $0.24.

Scorpio Gold Company Profile

(Get Free Report)

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.

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