Scorpio Gold ADRs Surge on Mining Update Before Trading Halt

Dow Jones
13 hours ago
 
 

American depositary receipts of Scorpio Gold more than doubled before being halted in their second day trading on Nasdaq.

The ADRs last traded 130% higher, at US$11.66.

Earlier Wednesday, Scorpio Gold reported favorable results from the Phase Two drill program at the Manhattan District Project in Nevada.

"Manhattan keeps delivering on the two things that matter most in this market: scale and grade," the Vancouver, British Columbia, company said.

The company's TSX Venture Exchange-listed shares were up 21%, to 43 Canadian cents, at the time of a Canadian trading halt. Meanwhile, Scorpio's OTCQB-listed shares rose 54%, to 37 U.S. cents, before they were halted.

 
 

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10