Insider Selling: Kincora Copper (CVE:KCC) Director Sells C$10,625.00 in Stock

Kincora Copper Limited (CVE:KCC) Director John Holliday sold 12,500 shares of Kincora Copper stock in a transaction on Friday, August 28th. The stock was sold at an average price of C$0.85, for a total transaction of C$10,625.00. Following the transaction, the director directly owned 464,082 shares of the company’s stock, valued at C$394,469.70. This represents a 2.62% decrease in their position.

Kincora Copper Stock Up 10.5%

Kincora Copper stock opened at C$0.95 on Thursday. The firm’s fifty day moving average is C$0.89 and its 200 day moving average is C$0.95. Kincora Copper Limited has a 12-month low of C$0.73 and a 12-month high of C$1.79. The company has a market capitalization of C$45.62 million, a PE ratio of -10.56 and a beta of 3.93.

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. 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.