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

Kincora Copper Limited (CVE:KCCGet Free Report) was down 16.7% during trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 357,000 shares traded hands 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 Performance

The firm has a 50 day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03. The company has a market cap of C$7.11 million, a P/E 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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