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 Friday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 357,000 shares traded 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 Stock Down 16.7 %

The business’s 50 day moving average is C$0.03 and its two-hundred day moving average is C$0.04. The firm 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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