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

Highland Copper logo with Basic Materials background

Shares of Highland Copper Company Inc. (CVE:HI - Get Free Report) traded up 20% on Thursday . The company traded as high as C$0.12 and last traded at C$0.12. 883,912 shares were traded 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 Price Performance

The business's fifty day simple moving average is C$0.08 and its 200 day simple moving average is C$0.09. The stock has a market cap of C$77.32 million, a price-to-earnings ratio of 2.63 and a beta of 1.32. The company has a current ratio of 14.97, a quick ratio of 10.92 and a debt-to-equity ratio of 4.52.

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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