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

Shares of Kincora Copper Limited (CVE:KCCGet Free Report) fell 16.7% during trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. 288,000 shares traded hands during trading, an increase of 163% from the average session volume of 109,468 shares. The stock had previously closed at C$0.03.

Kincora Copper Stock Down 16.7 %

The stock has a 50 day moving average of C$0.03 and a 200 day moving average of C$0.03. The firm 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.

Further Reading

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