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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 traded up 20% during mid-day trading on Thursday . The stock traded as high as C$0.12 and last traded at C$0.12. 883,912 shares changed hands 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 Stock Down 4.8 %

The firm's 50-day moving average price is C$0.08 and its 200-day moving average price is 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 company has a market cap of C$73.64 million, a price-to-earnings 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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