Scorpio Gold (OTCMKTS:SRCRF) Stock Passes Below 200 Day Moving Average – What’s Next?

Scorpio Gold Co. (OTCMKTS:SRCRFGet Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.26 and traded as low as $0.25. Scorpio Gold shares last traded at $0.2607, with a volume of 430,235 shares traded.

Scorpio Gold Trading Up 2.2%

The firm’s 50-day simple moving average is $0.27 and its two-hundred day simple moving average is $0.26.

About Scorpio Gold

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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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