Kincora Copper (CVE:KCC) Shares Down 8.5% – Time to Sell?

Kincora Copper Limited (CVE:KCCGet Free Report)’s stock price fell 8.5% during trading on Friday . The company traded as low as C$0.90 and last traded at C$0.97. 86,453 shares were traded during mid-day trading, an increase of 139% from the average session volume of 36,145 shares. The stock had previously closed at C$1.06.

Kincora Copper Stock Performance

The firm has a 50-day moving average price of C$1.01 and a two-hundred day moving average price of C$0.94. The firm has a market cap of C$41.47 million, a price-to-earnings ratio of -8.08 and a beta of 2.15.

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. The company was formerly known as Brazilian Diamonds Limited and changed its name to Kincora Copper Limited in January 2011. Kincora Copper Limited was incorporated in 1983 and is headquartered in Vancouver, Canada.

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