Shares of Kincora Copper Limited (CVE:KCC – Get Free Report) shot up 6.2% on Thursday . The stock traded as high as C$1.20 and last traded at C$1.20. 13,402 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 30,612 shares. The stock had previously closed at C$1.13.
Kincora Copper Stock Down 6.7%
The company’s 50-day moving average is C$1.05 and its two-hundred day moving average is C$0.67. The company has a market capitalization of C$32.67 million, a P/E ratio of -11.11 and a beta of 2.11.
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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