Kincora Copper Limited (CVE:KCC – Get Free Report) dropped 6% on Monday . The company traded as low as C$1.10 and last traded at C$1.10. Approximately 14,610 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 41,115 shares. The stock had previously closed at C$1.17.
Kincora Copper Stock Down 6.0%
The business has a 50-day simple moving average of C$0.96 and a 200-day simple moving average of C$0.93. The company has a market cap of C$52.82 million, a PE ratio of -12.22 and a beta of 3.59.
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.
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