Kincora Copper (CVE:KCC) Shares Up 2.3% – Here’s Why

Kincora Copper Limited (CVE:KCCGet Free Report)’s share price was up 2.3% on Thursday . The company traded as high as C$0.90 and last traded at C$0.90. 16,000 shares were traded during mid-day trading, a decline of 63% from the average daily volume of 43,472 shares. The stock had previously closed at C$0.88.

Kincora Copper Price Performance

The firm has a fifty day moving average price of C$0.88 and a two-hundred day moving average price of C$0.98. The stock has a market capitalization of C$42.82 million, a PE ratio of -11.25 and a beta of 3.96.

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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