Newcore Gold (OTCMKTS:NCAUF) Shares Up 0.8% – Still a Buy?

Newcore Gold Ltd. (OTCMKTS:NCAUFGet Free Report) shot up 0.8% during mid-day trading on Thursday . The company traded as high as $0.2249 and last traded at $0.2249. Approximately 23,453 shares changed hands during trading, a decline of 79% from the average session volume of 110,875 shares. The stock had previously closed at $0.2231.

Newcore Gold Stock Up 0.8%

The stock’s 50 day simple moving average is $0.28 and its two-hundred day simple moving average is $0.42.

About Newcore Gold

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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.

Further Reading

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