Newcore Gold Ltd. (OTCMKTS:NCAUF) Shares Shorted: Short Interest Down 88.3% in October

Newcore Gold Ltd. (OTCMKTS:NCAUF) was the target of a large decline in short interest in October. As of October 15th, there was short interest totaling 3,424 shares, a decline 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 currently 0.0 days.

Newcore Gold Trading Up 8.6%

Shares of NCAUF stock opened at $0.21 on Tuesday. Newcore Gold has a twelve month low of $0.18 and a twelve month high of $0.66. The stock has a fifty day simple moving average of $0.23 and a two-hundred day simple moving average of $0.37.

Newcore Gold Company Profile

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.