Newcore Gold Ltd. (OTCMKTS:NCAUF) Stock Short Interest Report for October

Newcore Gold Ltd. (OTCMKTS:NCAUF) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 42,832 shares, an increase of 1,150.9% from the October 15th total of 3,424 shares. Based on an average daily trading volume, of 59,703 shares, the days-to-cover ratio is currently 0.7 days.

Newcore Gold Stock Performance

OTCMKTS NCAUF traded down $0.00 during trading hours on Tuesday, reaching $0.19. 47,230 shares of the company were exchanged, compared to its average volume of 92,039. Newcore Gold has a 1 year low of $0.17 and a 1 year high of $0.66. The business’s 50 day simple moving average is $0.23 and its 200-day simple moving average is $0.35.

About Newcore Gold

Newcore Gold Ltd. is a Canadian mineral exploration and development company focused on advancing its Enchi Gold Project in southwestern Ghana. The company explores for gold and assesses the project’s potential for future development; it is not a gold producer. The Enchi project is the company’s principal asset and is located in a well-established gold-producing region of West Africa. Newcore Gold was formerly known as Pinecrest Resources Ltd. and adopted its current name in 2020.