Market debut IPO: Koonenberry Gold (KNB)

Koonenberry Gold (ASX:KNB) has debuted on the Australian stock exchange today.

Following its debut, shares of Koonenberry Gold fell 7.5% to $0.185 amid a broad gold miner sell off.

The gold sector was down 3.05% at the time of debut.

Gold stocks fell on the back of lower gold prices, due to the rising US dollar.