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

Kincora Copper Limited (CVE:KCCGet Free Report) shares were down 16.7% during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 357,000 shares were traded during trading, an increase of 216% from the average daily volume of 112,918 shares. The stock had previously closed at C$0.03.

Kincora Copper Stock Down 16.7 %

The stock has a 50 day moving average of C$0.03 and a 200 day moving average of C$0.04. 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.

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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