Shares of Highland Copper Company Inc. (CVE:HI – Get Free Report) shot up 20% during mid-day trading on Wednesday . The company traded as high as C$0.12 and last traded at C$0.12. 822,500 shares were traded during trading, an increase of 1,010% from the average session volume of 74,070 shares. The stock had previously closed at C$0.10.
Highland Copper Stock Performance
The stock has a market cap of C$77.32 million, a P/E ratio of 2.63 and a beta of 1.32. The company has a quick ratio of 10.92, a current ratio of 14.97 and a debt-to-equity ratio of 4.52. The business’s 50 day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.09.
Highland Copper Company Profile
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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