Kincora Copper (CVE:KCC) Shares Down 16.7% – What’s Next?

Kincora Copper Limited (CVE:KCCGet Free Report)’s stock price dropped 16.7% during trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 357,000 shares changed hands during mid-day 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 Trading Down 16.7 %

The firm has a 50-day simple moving average of C$0.03 and a two-hundred day simple 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.

About Kincora Copper

(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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