Shares of Highland Copper Company Inc. (CVE:HI - Get Free Report) were up 20% 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 Price Performance
The stock has a fifty day moving average of C$0.08 and a 200 day moving average of 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. The firm has a market capitalization of C$77.32 million, a P/E ratio of 2.63 and a beta of 1.32.
About Highland Copper
(
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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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