Newcore Gold Ltd. (OTCMKTS:NCAUF – Get Free Report) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 5,552 shares, a drop of 64.8% from the August 15th total of 15,780 shares. Based on an average daily trading volume, of 87,720 shares, the short-interest ratio is currently 0.1 days.
Newcore Gold Price Performance
Newcore Gold stock traded down $0.00 during midday trading on Friday, hitting $0.22. 3,017 shares of the company’s stock were exchanged, compared to its average volume of 101,558. The stock has a 50-day moving average price of $0.23 and a two-hundred day moving average price of $0.36. Newcore Gold has a 52-week low of $0.18 and a 52-week high of $0.68.
Newcore Gold Company Profile
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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