Short Interest in Signal Gold Inc. (OTCMKTS:SGNLF) Expands By 94.3%

Signal Gold Inc. (OTCMKTS:SGNLF) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 61,600 shares, an increase of 94.3% from the March 31st total of 31,700 shares. Based on an average daily volume of 82,300 shares, the short-interest ratio is presently 0.7 days.

Signal Gold Stock Down 3.4 %

Shares of Signal Gold stock traded down C$0.00 during trading on Friday, hitting C$0.09. 40,000 shares of the stock were exchanged, compared to its average volume of 26,399. The stock’s fifty day moving average is C$0.08 and its 200 day moving average is C$0.09. Signal Gold has a 12 month low of C$0.06 and a 12 month high of C$0.25.

About Signal Gold

Signal Gold Inc operates as a gold development and exploration company in Canada. The company holds a 100% interest in the Goldboro Gold project covering an area of 27, 200 hectares situated to the 175 kilometers northeast of Halifax, Nova Scotia. It also owns a Tilt Cove Gold and copper project that covers an area of approximately 19, 450 hectares located within the Baie Verte Mining District, Newfoundland.