Highland Copper Company Inc. (CVE:HI – Get Free Report) shares shot up 20% during trading on Wednesday . The stock traded as high as C$0.12 and last traded at C$0.12. 883,912 shares traded hands during mid-day 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 firm’s 50-day moving average price is C$0.08 and its two-hundred day moving average price is C$0.09. 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 firm has a market capitalization of C$88.36 million, a PE ratio of 3.00 and a beta of 1.32.
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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