Newcore Gold Ltd. (OTCMKTS:NCAUF – Get Rating) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 93,000 shares, an increase of 46.2% from the June 30th total of 63,600 shares. Based on an average daily trading volume, of 97,000 shares, the days-to-cover ratio is presently 1.0 days.
Newcore Gold Price Performance
Newcore Gold stock traded down $0.02 during mid-day trading on Tuesday, hitting $0.22. The stock had a trading volume of 36,000 shares, compared to its average volume of 27,783. The stock has a 50-day simple moving average of $0.25 and a two-hundred day simple moving average of $0.34. Newcore Gold has a 12 month low of $0.19 and a 12 month 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.Featured Stories
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