Koryx Copper (CVE:KRY) Trading Down 1.3% – Here’s What Happened

Koryx Copper Inc. (CVE:KRY)’s stock price fell 1.3% on Thursday . The company traded as low as C$3.05 and last traded at C$3.10. 51,003 shares changed hands during trading, a decline of 75% from the average session volume of 204,900 shares. The stock had previously closed at C$3.14.

Analysts Set New Price Targets

Separately, Stifel Nicolaus boosted their price target on shares of Koryx Copper from C$4.25 to C$4.50 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of C$4.50.

Koryx Copper Stock Down 1.3%

The firm has a market cap of C$375.88 million, a P/E ratio of -7.38 and a beta of 0.94. The stock’s 50-day simple moving average is C$3.24 and its 200 day simple moving average is C$3.00.