Kodiak Copper Corp. (CVE:KDK – Get Free Report)’s stock price fell 1.5% on Wednesday. The company traded as low as C$0.65 and last traded at C$0.66. 41,361 shares changed hands during trading, a decline of 70% from the average session volume of 137,881 shares. The stock had previously closed at C$0.67.
Wall Street Analyst Weigh In
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.com, Kodiak Copper has a consensus rating of “Strong Buy”.
Read Our Latest Report on Kodiak Copper
Kodiak Copper Price Performance
The company has a market cap 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.
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