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Highland Copper (CVE:HI) Trading 20% Higher - What's Next?

Highland Copper logo with Basic Materials background
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Highland Copper Company Inc. (CVE:HI - Get Free Report)'s share price was up 20% on Thursday . The company traded as high as C$0.12 and last traded at C$0.12. Approximately 883,912 shares were traded 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$73.64 million, a price-to-earnings ratio of 2.50 and a beta of 1.32. The company has a debt-to-equity ratio of 4.52, a current ratio of 14.97 and a quick ratio of 10.92. The stock has a 50-day moving average of C$0.08 and a 200 day moving average of C$0.09.

Highland Copper Company Profile

(Get Free Report)

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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