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Highland Copper (CVE:HI) Trading Up 20% - Here's Why

Highland Copper logo with Basic Materials background
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Highland Copper Company Inc. (CVE:HI - Get Free Report) shares shot up 20% during trading on Thursday . The stock traded as high as C$0.12 and last traded at C$0.12. 883,912 shares were traded during trading, an increase of 1,074% from the average session volume of 75,290 shares. The stock had previously closed at C$0.10.

Highland Copper Trading Down 4.8 %

The stock has a fifty day simple moving average of C$0.08 and a 200 day simple moving average of C$0.09. The company has a debt-to-equity ratio of 4.52, a quick ratio of 10.92 and a current ratio of 14.97. The firm has a market cap of C$73.64 million, a P/E ratio of 2.50 and a beta of 1.32.

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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