Highland Copper (CVE:HI) Trading Up 20% – Should You Buy?

Highland Copper Company Inc. (CVE:HIGet Free Report) traded up 20% on Wednesday . The company traded as high as C$0.12 and last traded at C$0.12. 791,500 shares were traded during trading, an increase of 993% from the average session volume of 72,435 shares. The stock had previously closed at C$0.10.

Highland Copper Stock Performance

The company has a fifty day moving average of C$0.08 and a two-hundred day moving average of C$0.09. The firm has a market capitalization of C$77.32 million, a price-to-earnings ratio of 2.63 and a beta of 1.32. The company has a debt-to-equity ratio of 4.52, a quick ratio of 10.92 and a current ratio of 14.97.

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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