Newcore Gold Ltd. (OTCMKTS:NCAUF – Get Free Report) was the target of a large drop in short interest in June. As of June 30th, there was short interest totaling 6,900 shares, a drop of 44.5% from the June 15th total of 12,425 shares. Based on an average trading volume of 279,208 shares, the days-to-cover ratio is presently 0.0 days.
Newcore Gold Price Performance
NCAUF stock traded down $0.01 during mid-day trading on Thursday, reaching $0.22. 4,000 shares of the company traded hands, compared to its average volume of 118,383. The firm’s 50 day moving average price is $0.34 and its 200 day moving average price is $0.45. Newcore Gold has a fifty-two week low of $0.21 and a fifty-two week high of $0.68.
About Newcore Gold
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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