Newcore Gold Ltd. (OTCMKTS:NCAUF) Sees Large Decline in Short Interest

Newcore Gold Ltd. (OTCMKTS:NCAUF) was the recipient of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 13,600 shares, a decline of 61.6% from the January 31st total of 35,400 shares. Based on an average daily volume of 122,300 shares, the days-to-cover ratio is currently 0.1 days.

Newcore Gold Stock Down 5.4 %

Shares of Newcore Gold stock traded down $0.02 on Friday, reaching $0.26. The stock had a trading volume of 58,580 shares, compared to its average volume of 47,954. The company has a 50 day moving average price of $0.24 and a 200 day moving average price of $0.24. Newcore Gold has a 1 year low of $0.09 and a 1 year high of $0.31.

About Newcore Gold

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.