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

Highland Copper Company Inc. (CVE:HIGet Free Report) rose 20% during trading on Thursday . The company traded as high as C$0.12 and last traded at C$0.12. Approximately 883,912 shares changed hands during mid-day trading, an increase of 1,074% from the average daily volume of 75,290 shares. The stock had previously closed at C$0.10.

Highland Copper Stock Performance

The stock has a market capitalization of C$77.32 million, a PE ratio of 2.63 and a beta of 1.32. The company’s 50 day moving average price is C$0.08 and its two-hundred day moving average price 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

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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.

Further Reading

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