Kodiak Copper (CVE:KDK) Stock Price Down 1.5% – Should You Sell?

Kodiak Copper Corp. (CVE:KDK – Get Free Report) shares traded down 1.5% during mid-day trading on Wednesday. The stock traded as low as C$0.65 and last traded at C$0.66. Approximately 41,361 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 137,881 shares. The stock had previously closed at C$0.67.

Analyst Ratings Changes

Separately, Noble Financial upgraded shares of Kodiak Copper to a “strong-buy” rating in a research note on Thursday, September 17th. One analyst has rated the stock with a Strong Buy rating. Based on data from MarketBeat, the stock currently has a consensus rating of “Strong Buy”.

View Our Latest Stock Report on KDK

Kodiak Copper Price Performance

The company has a market capitalization of C$73.83 million, a P/E ratio of -47.14 and a beta of 2.23.

Kodiak Copper Corp. is a mineral exploration company focused on discovering and advancing copper and gold deposits. The company does not currently produce or sell minerals; its activities include geological mapping, geochemical surveys, drilling, and other exploration work used to evaluate the potential of its mineral properties.

Its principal asset is the MPD Copper-Gold Project in south-central British Columbia, within the Quesnel Terrane, a region known for porphyry copper-gold deposits.

Further Reading

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