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Highland Copper (CVE:HI) Stock Price 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) rose 20% on Wednesday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 883,912 shares traded 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 company has a market capitalization of C$77.32 million, a price-to-earnings ratio of 2.63 and a beta of 1.32. The firm has a fifty day moving average price of C$0.08 and a 200-day moving average price 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.

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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