Kincora Copper (CVE:KCC) Shares Down 6.5% – What’s Next?

Kincora Copper Limited (CVE:KCCGet Free Report) shares were down 6.5% on Friday . The company traded as low as C$0.87 and last traded at C$0.87. Approximately 8,392 shares were traded during trading, a decline of 72% from the average daily volume of 29,808 shares. The stock had previously closed at C$0.93.

Kincora Copper Stock Down 6.5%

The firm has a market capitalization of C$37.20 million, a price-to-earnings ratio of -7.25 and a beta of 1.91. The company’s 50 day moving average is C$1.03 and its 200 day moving average is C$0.80.

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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