Newcore Gold Ltd. (OTCMKTS:NCAUF – Get Free Report) was the target of a significant increase in short interest in October. As of October 30th, there was short interest totaling 42,832 shares, an increase of 1,150.9% from the October 15th total of 3,424 shares. Based on an average trading volume of 59,703 shares, the days-to-cover ratio is currently 0.7 days.
Newcore Gold Price Performance
Shares of NCAUF traded down $0.00 during trading hours on Thursday, reaching $0.19. The stock had a trading volume of 112,537 shares, compared to its average volume of 91,577. The firm has a 50-day simple moving average of $0.22 and a 200 day simple moving average of $0.35. Newcore Gold has a 12 month low of $0.17 and a 12 month high of $0.66.
About Newcore Gold
Newcore Gold Ltd. is a Canadian mineral exploration and development company focused on advancing its Enchi Gold Project in southwestern Ghana. The company explores for gold and assesses the project’s potential for future development; it is not a gold producer. The Enchi project is the company’s principal asset and is located in a well-established gold-producing region of West Africa. Newcore Gold was formerly known as Pinecrest Resources Ltd. and adopted its current name in 2020.
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