Short Interest in Newcore Gold Ltd. (OTCMKTS:NCAUF) Rises By 430.0%

Newcore Gold Ltd. (OTCMKTS:NCAUF) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 84,800 shares, an increase of 430.0% from the February 29th total of 16,000 shares. Based on an average trading volume of 281,600 shares, the short-interest ratio is currently 0.3 days.

Newcore Gold Stock Performance

Shares of Newcore Gold stock remained flat at $0.13 during trading on Thursday. 7,250 shares of the stock traded hands, compared to its average volume of 69,168. Newcore Gold has a 52-week low of $0.07 and a 52-week high of $0.16. The company’s 50 day moving average price is $0.10 and its 200-day moving average price is $0.10.

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.