Highland Copper Company Inc. (CVE:HI – Get Free Report) shares dropped 17.6% during mid-day trading on Monday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 374,501 shares changed hands during mid-day trading, an increase of 249% from the average daily volume of 107,421 shares. The stock had previously closed at C$0.09.
Highland Copper Price Performance
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 company has a market cap of C$55.23 million, a price-to-earnings ratio of 1.88 and a beta of 1.32. The stock’s 50-day simple moving average is C$0.09 and its 200 day simple moving average is C$0.10.
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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