Kincora Copper (CVE:KCC) Trading Up 60% – Time to Buy?

Kincora Copper Limited (CVE:KCCGet Free Report) shot up 60% during trading on Monday . The stock traded as high as C$0.04 and last traded at C$0.04. 106,000 shares changed hands during mid-day trading, a decline of 4% from the average session volume of 109,927 shares. The stock had previously closed at C$0.03.

Kincora Copper Stock Performance

The stock has a 50-day moving average price of C$0.03 and a two-hundred day moving average price of C$0.04. The stock has a market capitalization of C$11.38 million, a PE ratio of -4.68 and a beta of 2.06.

About Kincora Copper

(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.

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