Newcore Gold (OTCMKTS:NCAUF) Shares Up 1.6% – Time to Buy?

Newcore Gold Ltd. (OTCMKTS:NCAUFGet Free Report) shares shot up 1.6% on Friday . The company traded as high as $0.46 and last traded at $0.45. 349,173 shares traded hands during mid-day trading, an increase of 275% from the average session volume of 93,176 shares. The stock had previously closed at $0.44.

Newcore Gold Price Performance

The company’s 50-day moving average is $0.28 and its two-hundred day moving average is $0.25.

Newcore Gold Company Profile

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Newcore Gold Ltd., a mineral exploration, engages in the acquisition, advancement, and development of mineral properties in Ghana. It holds 100% interest in the Enchi gold project covering 216 square kilometers located in southwest Ghana, as well as holds seven prospecting licenses. The company was formerly known as Pinecrest Resources Ltd.

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