Kincora Copper (CVE:KCC) Stock Price Down 16.7% – Time to Sell?

Shares of Kincora Copper Limited (CVE:KCCGet Free Report) fell 16.7% during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. 288,000 shares traded hands during 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 Stock Performance

The company has a market capitalization of C$7.11 million, a price-to-earnings ratio of -2.92 and a beta of 2.06. The firm’s 50 day simple moving average is C$0.03 and its 200-day simple moving average is C$0.04.

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.

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