Kincora Copper (CVE:KCC) Shares Up 60% – Still a Buy?

Kincora Copper Limited (CVE:KCCGet Free Report)’s share price shot up 60% during trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. 106,000 shares were traded during 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 Trading Down 12.5 %

The stock’s fifty day moving average price is C$0.03 and its 200 day moving average price is C$0.04. The stock has a market cap of C$9.96 million, a P/E ratio of -4.09 and a beta of 2.06.

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.

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