Newcore Gold Ltd. (OTCMKTS:NCAUF) Sees Significant Increase in Short Interest

Newcore Gold Ltd. (OTCMKTS:NCAUF) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totalling 61,400 shares, a growth of 23.8% from the September 15th total of 49,600 shares. Based on an average daily volume of 107,500 shares, the short-interest ratio is currently 0.6 days.

Newcore Gold Stock Performance

Shares of NCAUF stock remained flat at $0.25 on Tuesday. Newcore Gold has a fifty-two week low of $0.07 and a fifty-two week high of $0.28. The business has a 50-day simple moving average of $0.23 and a 200-day simple moving average of $0.22.

Newcore Gold Company Profile

Newcore Gold Ltd., a mineral exploration, engages in the acquisition, advancement, and development of 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. The company was formerly known as Pinecrest Resources Ltd.