Shares of Highland Copper Company Inc. (CVE:HI – Get Free Report) rose 20% during trading on Wednesday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 883,912 shares traded hands during mid-day trading, an increase of 1,074% from the average daily volume of 75,290 shares. The stock had previously closed at C$0.10.
Highland Copper Price Performance
The company 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 debt-to-equity ratio of 4.52, a quick ratio of 10.92 and a current ratio of 14.97. The business’s fifty day moving average is C$0.08 and its two-hundred day moving average is C$0.09.
About Highland Copper
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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