Kincora Copper (CVE:KCC) Stock Price Up 1.1% – Here’s Why

Kincora Copper Limited (CVE:KCC – Get Free Report) shares shot up 1.1% during trading on Tuesday. The company traded as high as C$0.90 and last traded at C$0.90. Approximately 67,300 shares traded hands during trading, an increase of 73% from the average session volume of 38,833 shares. The stock had previously closed at C$0.89.

Kincora Copper Stock Down 2.3%

The firm’s 50-day simple moving average is C$1.00 and its 200 day simple moving average is C$0.98. The stock has a market capitalization of C$41.29 million, a P/E ratio of -9.56 and a beta of 2.94.

Kincora Copper Company Profile

(Get Free Report)

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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