Highland Copper (CVE:HI) Trading 20% Higher – Here’s What Happened

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. 883,912 shares changed hands during mid-day trading, an increase of 1,077% from the average session volume of 75,126 shares. The stock had previously closed at C$0.10.

Highland Copper Stock Performance

The company has a 50-day moving average of C$0.08 and a 200-day moving average of C$0.09. The firm has a market capitalization of C$88.36 million, a P/E ratio of 3.00 and a beta of 1.32. The company has a current ratio of 14.97, a quick ratio of 10.92 and a debt-to-equity ratio of 4.52.

About Highland Copper

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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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