Kincora Copper (CVE:KCC) Shares Up 3.7% – Here’s Why

Kincora Copper Limited (CVE:KCC)’s stock price traded up 3.7% during mid-day trading on Tuesday . The stock traded as high as C$1.66 and last traded at C$1.66. 96,190 shares traded hands during trading, an increase of 77% from the average session volume of 54,258 shares. The stock had previously closed at C$1.60.

Kincora Copper Stock Performance

The stock has a fifty day moving average of C$1.15 and a 200-day moving average of C$1.05. The company has a market cap of C$70.97 million, a PE ratio of -13.83 and a beta of 1.87.

About Kincora Copper

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.