Kincora Copper (CVE:KCC) Shares Down 5% – Here’s What Happened

Kincora Copper Limited (CVE:KCCGet Free Report) shares were down 5% on Wednesday . The company traded as low as C$0.95 and last traded at C$0.95. Approximately 2,100 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 53,679 shares. The stock had previously closed at C$1.00.

Kincora Copper Stock Performance

The firm has a market cap of C$43.77 million, a price-to-earnings ratio of -11.50 and a beta of 3.47. The business has a fifty day moving average of C$0.89 and a two-hundred day moving average of C$1.03.

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. 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.

Further Reading

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