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

Kincora Copper Limited (CVE:KCCGet Free Report)’s share price rose 60% on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 106,000 shares were traded during mid-day trading, a decline of 4% from the average daily volume of 109,927 shares. The stock had previously closed at C$0.03.

Kincora Copper Price Performance

The stock has a market cap of C$11.38 million, a P/E ratio of -4.68 and a beta of 2.06. The firm’s fifty day moving average price is C$0.03 and its two-hundred day moving average price is C$0.04.

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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