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Highland Copper (CVE:HI) Trading 10% Higher - 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 10% on Wednesday . The stock traded as high as C$0.11 and last traded at C$0.11. 286,000 shares were traded during trading, an increase of 348% from the average session volume of 63,772 shares. The stock had previously closed at C$0.10.

Highland Copper Price Performance

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 stock has a market capitalization of C$77.32 million, a price-to-earnings ratio of 2.63 and a beta of 1.32. The stock's 50 day simple moving average is C$0.08 and its 200-day simple moving average is C$0.09.

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.

Further Reading

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