Highland Copper Company Inc. (CVE:HI – Get Free Report)’s stock price dropped 17.6% during mid-day trading on Monday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 374,501 shares traded hands during 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 Trading Down 11.8 %
The company has a market capitalization of C$55.23 million, a P/E ratio of 1.88 and a beta of 1.32. The stock’s 50 day moving average is C$0.09 and its 200-day moving average is C$0.10. The company has a debt-to-equity ratio of 4.52, a current ratio of 14.97 and a quick ratio of 10.92.
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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