Newcore Gold Ltd. (OTCMKTS:NCAUF – Get Free Report) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 15,780 shares, an increase of 113.2% from the July 30th total of 7,400 shares. Based on an average daily volume of 44,435 shares, the short-interest ratio is currently 0.4 days.
Newcore Gold Stock Performance
Shares of OTCMKTS:NCAUF opened at $0.23 on Friday. Newcore Gold has a 1 year low of $0.18 and a 1 year high of $0.68. The business has a fifty day moving average price of $0.24 and a two-hundred day moving average price of $0.38.
About Newcore Gold
Newcore Gold Ltd. is a Canada-based mineral exploration company focused on the discovery and development of gold resources in West Africa. Headquartered in Halifax, Nova Scotia, the company trades on the OTC Markets under the symbol NCAUF and on the TSX Venture Exchange as NCA. Since its founding, Newcore Gold has pursued a strategy of targeting underexplored greenstone belts with demonstrated gold endowment, leveraging local partnerships and technical expertise to advance its projects from early-stage exploration to resource definition.
The company’s flagship asset is the Enchi Gold Project, located in southwestern Ghana’s Bibiani Greenstone Belt.
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