Newcore Gold Ltd. (OTCMKTS:NCAUF) Short Interest Update

by · The Markets Daily

Newcore Gold Ltd. (OTCMKTS:NCAUF – Get Free Report) saw a significant decline in short interest in 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 trading volume of 87,720 shares, the short-interest ratio is currently 0.1 days.

Newcore Gold Stock Performance

Newcore Gold stock traded down $0.00 during midday trading on Friday, reaching $0.22. 3,017 shares of the stock were exchanged, compared to its average volume of 101,558. Newcore Gold has a 52 week low of $0.18 and a 52 week high of $0.68. The company’s fifty day moving average is $0.23 and its 200-day moving average is $0.36.

Newcore Gold Company Profile

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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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