Happy Creek Minerals (CVE:HPY) Shares Down 16.7% – Here’s Why

Happy Creek Minerals Ltd. (CVE:HPYGet Free Report)’s stock price fell 16.7% on Thursday . The company traded as low as C$0.05 and last traded at C$0.05. 140,000 shares traded hands during mid-day trading, an increase of 31% from the average session volume of 106,574 shares. The stock had previously closed at C$0.06.

Happy Creek Minerals Trading Down 16.7 %

The company has a debt-to-equity ratio of 0.02, a current ratio of 0.19 and a quick ratio of 0.57. The business’s 50 day moving average price is C$0.06 and its 200-day moving average price is C$0.05. The firm has a market capitalization of C$7.33 million, a price-to-earnings ratio of -6.00 and a beta of -0.47.

Happy Creek Minerals Company Profile

(Get Free Report)

Happy Creek Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for copper, molybdenum, tungsten, gold, and silver deposits. The company owns interest in the Highland Valley property, which consists of the Rateria property and the West Valley property located in south central British Columbia.

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