Highland Copper (CVE:HI) Trading 20% Higher – Here’s What Happened

Highland Copper Company Inc. (CVE:HIGet Free Report)’s share price traded up 20% during trading on Wednesday . The company traded as high as C$0.12 and last traded at C$0.12. 791,500 shares traded hands during trading, an increase of 993% from the average session volume of 72,435 shares. The stock had previously closed at C$0.10.

Highland Copper Stock Performance

The company has a market cap of C$88.36 million, a P/E ratio of 3.00 and a beta of 1.32. The company has a quick ratio of 10.92, a current ratio of 14.97 and a debt-to-equity ratio of 4.52. The business has a fifty day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.09.

Highland Copper Company Profile

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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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