Kincora Copper Limited (CVE:KCC – Get Free Report) shares dropped 16.7% on Friday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 357,000 shares traded hands during trading, an increase of 216% from the average daily volume of 112,918 shares. The stock had previously closed at C$0.03.
Kincora Copper Trading Down 16.7 %
The company’s 50-day simple moving average is C$0.03 and its 200-day simple moving average is C$0.04. The stock has a market capitalization of C$7.11 million, a price-to-earnings ratio of -2.92 and a beta of 2.06.
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.
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