Newcore Gold Ltd. (OTCMKTS:NCAUF – Get Free Report) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 5,552 shares, a decline of 64.8% from the August 15th total of 15,780 shares. Based on an average daily volume of 87,720 shares, the short-interest ratio is presently 0.1 days.
Newcore Gold Stock Performance
Shares of NCAUF opened at $0.22 on Tuesday. The company’s 50-day moving average price is $0.23 and its 200 day moving average price is $0.36. Newcore Gold has a 12-month low of $0.18 and a 12-month high of $0.68.
Newcore Gold Company Profile
Newcore Gold Ltd. is a Canada-based mineral exploration company focused on the discovery and development of gold resources in West Africa. Headquartered in Halifax, Nova Scotia, the company trades on the OTC Markets under the symbol NCAUF and on the TSX Venture Exchange as NCA. Since its founding, Newcore Gold has pursued a strategy of targeting underexplored greenstone belts with demonstrated gold endowment, leveraging local partnerships and technical expertise to advance its projects from early-stage exploration to resource definition.
The company’s flagship asset is the Enchi Gold Project, located in southwestern Ghana’s Bibiani Greenstone Belt.
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