Koryx Copper (CVE:KRY) Trading Down 0.6% – Here’s Why

Koryx Copper Inc. (CVE:KRYGet Free Report)’s stock price fell 0.6% during trading on Wednesday . The company traded as low as C$3.25 and last traded at C$3.46. Approximately 62,344 shares changed hands during trading, a decline of 62% from the average daily volume of 162,864 shares. The stock had previously closed at C$3.48.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets set a C$6.00 target price on shares of Koryx Copper and gave the stock an “outperform” rating in a report on Tuesday, June 30th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, Koryx Copper has a consensus rating of “Buy” and an average price target of C$5.25.

Read Our Latest Analysis on Koryx Copper

Koryx Copper Stock Up 0.7%

The firm has a market capitalization of C$419.38 million, a price-to-earnings ratio of -7.67 and a beta of 0.92. The firm has a 50 day moving average of C$3.28 and a two-hundred day moving average of C$3.27.

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