Kincora Copper (CVE:KCC) Shares Down 0.9% – Here’s What Happened

Kincora Copper Limited (CVE:KCCGet Free Report)’s share price fell 0.9% during trading on Friday . The company traded as low as C$1.05 and last traded at C$1.05. 21,300 shares traded hands during trading, an increase of 125% from the average session volume of 9,476 shares. The stock had previously closed at C$1.06.

Kincora Copper Price Performance

The stock has a 50 day simple moving average of C$1.04 and a two-hundred day simple moving average of C$0.88. The company has a market cap of C$44.89 million, a price-to-earnings ratio of -8.75 and a beta of 2.15.

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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