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

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

Kincora Copper Stock Down 16.7 %

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 company’s fifty day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.04.

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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