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Highland Copper (CVE:HI) Stock Price Up 20% - Here's What Happened

Highland Copper logo with Basic Materials background

Highland Copper Company Inc. (CVE:HI - Get Free Report) shares were up 20% during mid-day trading on Wednesday . The stock 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 company's fifty day simple moving average is C$0.08 and its 200-day simple moving average is C$0.09. The firm has a market capitalization of C$77.32 million, a PE ratio of 2.63 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.

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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