Newcore Gold Ltd. (PCR.V) (CVE:PCR) Stock Jumps 1.4% – Should You Buy?

Shares of Newcore Gold Ltd. (PCR.V) (CVE:PCR) shot up 1.4% during trading on Tuesday. The company traded as high as C$0.75 and last traded at C$0.74. 154,370 shares traded hands during trading, a decline of 31% from the average daily volume of 222,976 shares. The stock had previously closed at C$0.73.

Newcore Gold Ltd. (PCR.V) Stock Performance

The company has a market capitalization of C$59.16 million and a P/E ratio of -185.00. The firm’s fifty day moving average is C$0.74 and its 200 day moving average is C$0.74.

Newcore Gold Ltd. (PCR.V) Company Profile

Pinecrest Resources Ltd., a mineral exploration and junior mine development company, engages in the acquisition, advancement, and development of precious mineral properties in Ghana. It holds a 100% interest in the Enchi gold project located in southwest Ghana. The company was incorporated in 2010 and is headquartered in Vancouver, Canada.