Shares of Newcore Gold Ltd. (OTCMKTS:PNCRF – Get Free Report) dropped 1.3% during trading on Thursday. The company traded as low as $0.2463 and last traded at $0.2492. Approximately 17,200 shares changed hands during mid-day trading, an increase of 314% from the average session volume of 4,150 shares. The stock had previously closed at $0.2524.
Newcore Gold Stock Performance
The firm’s 50-day simple moving average is $0.24 and its two-hundred day simple moving average is $0.33.
About Newcore Gold
Newcore Gold Ltd. is a Canadian mineral exploration and development company focused on advancing gold assets in West Africa. The company’s primary asset is the Enchi Gold Project in southwestern Ghana, where it is conducting exploration and evaluation activities aimed at defining and expanding gold resources.
The Enchi project covers a large, prospective land package in the Sefwi-Bibiani gold belt, a region known for significant gold production and exploration activity. Newcore Gold’s work includes drilling, geological studies, resource estimation, metallurgical testing and technical assessments to evaluate the project’s potential for future development.
Newcore Gold was formerly known as Pinecrest Resources Ltd.
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