Shares of Highland Copper Company Inc. (CVE:HI – Get Free Report) shot up 20% on Wednesday . The stock traded as high as C$0.12 and last traded at C$0.12. 883,912 shares traded hands during 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 Trading Up 20.0 %
The business’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 market capitalization of C$88.36 million, a price-to-earnings 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.
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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