Short Interest in Newcore Gold Ltd. (OTCMKTS:NCAUF) Rises By 17,550.0%

Newcore Gold Ltd. (OTCMKTS:NCAUFGet Rating) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 35,300 shares, a growth of 17,550.0% from the March 15th total of 200 shares. Based on an average trading volume of 50,400 shares, the short-interest ratio is currently 0.7 days.

Shares of OTCMKTS NCAUF traded up $0.01 during trading on Tuesday, reaching $0.41. 22,670 shares of the company traded hands, compared to its average volume of 23,995. The firm’s fifty day simple moving average is $0.40 and its 200 day simple moving average is $0.41. Newcore Gold has a 12-month low of $0.35 and a 12-month high of $0.61.

Newcore Gold Company Profile (Get Rating)

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. The company was formerly known as Pinecrest Resources Ltd.

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