Newcore Gold Ltd. (OTCMKTS:NCAUF – Get Free Report) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 29,242 shares, an increase of 101.5% from the September 15th total of 14,512 shares. Based on an average daily volume of 109,942 shares, the days-to-cover ratio is currently 0.3 days.
Newcore Gold Stock Performance
OTCMKTS NCAUF opened at $0.22 on Friday. Newcore Gold has a one year low of $0.18 and a one year high of $0.66. The stock has a 50-day moving average of $0.24 and a 200 day moving average of $0.31.
About Newcore Gold
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.
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