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

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 288,000 shares were traded during trading, an increase of 163% from the average daily volume of 109,468 shares. The stock had previously closed at C$0.03.

Kincora Copper Stock Performance

The stock has a 50 day moving average of C$0.03 and a 200 day moving average of C$0.03. The stock has a market capitalization of C$7.11 million, a P/E 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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