Newcore Gold Ltd. (OTCMKTS:NCAUF – Get Free Report) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 3,424 shares, a drop of 88.3% from the September 30th total of 29,242 shares. Based on an average daily volume of 72,403 shares, the short-interest ratio is presently 0.0 days.
Newcore Gold Stock Performance
Shares of OTCMKTS:NCAUF opened at $0.21 on Tuesday. The business has a 50 day simple moving average of $0.23 and a two-hundred day simple moving average of $0.37. Newcore Gold has a 1 year low of $0.18 and a 1 year high of $0.66.
About Newcore Gold
Newcore Gold Ltd. is a Canadian mineral exploration company focused on the discovery and development of gold deposits in Ghana, West Africa. The company’s primary asset is the Enchi Gold Project, a large-scale exploration property in southwestern Ghana within a region known for gold production.
Newcore Gold’s activities include geological mapping, geochemical and geophysical surveys, reverse-circulation and diamond drilling, resource definition, and technical studies designed to evaluate the project’s mineralization and development potential.
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