Newcore Gold Ltd. (OTCMKTS:NCAUF – Get Rating) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totalling 21,800 shares, a drop of 76.6% from the July 15th total of 93,000 shares. Based on an average daily volume of 33,600 shares, the short-interest ratio is presently 0.6 days.
Newcore Gold Stock Performance
OTCMKTS NCAUF traded up $0.01 during trading hours on Wednesday, reaching $0.23. The company's stock had a trading volume of 28,100 shares, compared to its average volume of 27,420. The business has a 50-day simple moving average of $0.24 and a 200 day simple moving average of $0.33. Newcore Gold has a 52 week low of $0.19 and a 52 week high of $0.56.
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Newcore Gold Ltd., a mineral exploration and mine development company, engages in the acquisition, advancement, and development of precious 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.Further Reading
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