Kincora Copper (CVE:KCC) Shares Down 16.7% – Here’s Why

Kincora Copper Limited (CVE:KCCGet Free Report)’s stock price traded down 16.7% during mid-day trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. 288,000 shares traded hands during mid-day trading, an increase of 163% from the average session volume of 109,468 shares. The stock had previously closed at C$0.03.

Kincora Copper Price Performance

The firm has a 50-day simple moving average of C$0.03 and a 200-day simple moving average of C$0.04. The firm has a market capitalization of C$7.11 million, a PE ratio of -2.92 and a beta of 2.06.

Kincora Copper Company Profile

(Get Free Report)

Kincora Copper Limited engages in acquisition, exploration, and evaluation of mineral properties in Mongolia and Australia. It primarily explores for copper and gold deposits. The company's flagship project is the Trundle Project, including one license covering an area of 167km2 located in the Junee-Narromine volcanic belt of the Macquarie Arc.

Further Reading

Receive News & Ratings for Kincora Copper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kincora Copper and related companies with MarketBeat.com's FREE daily email newsletter.