Newcore Gold Ltd. (OTCMKTS:NCAUF – Get Free Report) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 5,552 shares, a decrease of 64.8% from the August 15th total of 15,780 shares. Based on an average trading volume of 87,720 shares, the days-to-cover ratio is presently 0.1 days.
Newcore Gold Trading Down 4.3%
Shares of OTCMKTS:NCAUF opened at $0.22 on Monday. Newcore Gold has a 52-week low of $0.18 and a 52-week high of $0.68. The company has a 50-day simple moving average of $0.23 and a 200 day simple moving average of $0.36.
About Newcore Gold
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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