Raymond James assumed coverage on shares of Newcore Gold (OTCMKTS:PNCRF) in a report issued on Tuesday morning, The Fly reports. The firm issued a strong-buy rating on the stock.
Shares of PNCRF stock opened at $0.51 on Tuesday.
Newcore Gold Company Profile
Newcore Gold Ltd., a mineral exploration and junior mine development company, engages in the acquisition, advancement, and development of precious mineral properties in Ghana. It holds a 100% interest in the Enchi gold project located in southwest Ghana. The company was formerly known as Pinecrest Resources Ltd.
Further Reading: Can individual investors take part in an IPO?
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