Shares of Kincora Copper Limited (CVE:KCC – Get Free Report) traded down 8.5% on Friday . The stock traded as low as C$0.90 and last traded at C$0.97. 86,453 shares traded hands during mid-day trading, an increase of 139% from the average session volume of 36,145 shares. The stock had previously closed at C$1.06.
Kincora Copper Trading Down 8.5%
The company’s 50 day simple moving average is C$1.01 and its 200 day simple moving average is C$0.94. The stock has a market capitalization of C$41.47 million, a PE ratio of -8.08 and a beta of 2.15.
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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