Kincora Copper (CVE:KCC) Shares Down 3.4% – Should You Sell?

Kincora Copper Limited (CVE:KCCGet Free Report) was down 3.4% during trading on Wednesday . The company traded as low as C$0.83 and last traded at C$0.84. Approximately 8,007 shares traded hands during trading, a decline of 84% from the average daily volume of 48,683 shares. The stock had previously closed at C$0.87.

Kincora Copper Price Performance

The business’s 50-day moving average price is C$0.90 and its 200 day moving average price is C$1.01. The firm has a market capitalization of C$39.96 million, a price-to-earnings ratio of -10.50 and a beta of 3.80.

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. 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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