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

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

Kincora Copper Stock Performance

The stock has a market capitalization of C$7.11 million, a price-to-earnings ratio of -2.92 and a beta of 2.06. The business has a 50-day moving average of C$0.03 and a 200-day moving average of C$0.03.

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.

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