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

Kincora Copper Limited (CVE:KCCGet Free Report)’s stock price dropped 16.7% during mid-day trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 357,000 shares were traded during mid-day trading, an increase of 216% from the average daily volume of 112,918 shares. The stock had previously closed at C$0.03.

Kincora Copper Price Performance

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 cap of C$7.11 million, a P/E ratio of -2.92 and a beta of 2.06.

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.

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