Short Interest in Newcore Gold Ltd. (OTCMKTS:NCAUF) Declines By 52.0%

Newcore Gold Ltd. (OTCMKTS:NCAUF) was the target of a significant decline in short interest during the month of August. As of August 15th, there was short interest totaling 21,300 shares, adeclineof52.0% from the July 31st total of 44,400 shares. Based on an average daily volume of 96,700 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 96,700 shares, the days-to-cover ratio is currently 0.2 days.

Newcore Gold Trading Up 6.9%

Shares of Newcore Gold stock opened at $0.47 on Friday. Newcore Gold has a 1 year low of $0.21 and a 1 year high of $0.54. The company has a 50 day simple moving average of $0.44 and a two-hundred day simple moving average of $0.42.

Newcore Gold Company Profile

Newcore Gold Ltd., a mineral exploration, engages in the acquisition, advancement, and development of mineral properties in Ghana. It holds 100% interest in the Enchi gold project covering 216 square kilometers located in southwest Ghana, as well as holds seven prospecting licenses. The company was formerly known as Pinecrest Resources Ltd.