Highland Copper (CVE:HI) Shares Up 20% – Time to Buy?

Highland Copper Company Inc. (CVE:HIGet Free Report) shot up 20% during trading on Thursday . The stock 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 Stock Performance

The company has a current ratio of 14.97, a quick ratio of 10.92 and a debt-to-equity ratio of 4.52. The firm has a fifty day moving average price of C$0.08 and a 200 day moving average price of C$0.09. The firm has a market cap of C$88.36 million, a PE ratio of 3.00 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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