Newcore Gold (OTCMKTS:PNCRF) Stock Price Down 5.7% – Here’s Why

Shares of Newcore Gold Ltd. (OTCMKTS:PNCRFGet Free Report) dropped 5.7% during trading on Monday . The company traded as low as $0.3805 and last traded at $0.3984. Approximately 967,084 shares changed hands during mid-day trading, an increase of 23,203% from the average daily volume of 4,150 shares. The stock had previously closed at $0.4225.

Newcore Gold Price Performance

The stock’s 50 day simple moving average is $0.46 and its 200 day simple moving average is $0.49.

About Newcore Gold

(Get Free Report)

Newcore Gold Ltd (OTCMKTS: PNCRF) is a Canadian mineral exploration company focused on the acquisition, exploration and development of gold assets in West Africa. Headquartered in Vancouver, the company holds an advanced-stage land package in southwestern Ghana and is dedicated to advancing its flagship project toward economic viability. Newcore Gold leverages modern exploration techniques, community engagement and environmental stewardship to build value for shareholders.

The company’s primary asset is the Enchi Gold Project, located in Ghana’s prolific Birimian greenstone belt.

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