Highland Copper Company Inc. (CVE:HI – Get Free Report)’s stock price shot up 20% during mid-day trading on Wednesday . The company traded as high as C$0.12 and last traded at C$0.12. 822,500 shares traded hands during mid-day trading, an increase of 1,010% from the average session volume of 74,070 shares. The stock had previously closed at C$0.10.
Highland Copper Price Performance
The firm has a market capitalization of C$88.36 million, a price-to-earnings ratio of 3.00 and a beta of 1.32. The business’s fifty day simple moving average is C$0.08 and its 200 day simple moving average is C$0.09. The company has a debt-to-equity ratio of 4.52, a current ratio of 14.97 and a quick ratio of 10.92.
Highland Copper Company Profile
Highland Copper Company Inc, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in the United States. The company explores for copper deposits. Its primary properties include the Copperwood project; and the White Pine North project located in the Upper Peninsula of Michigan.
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