Highland Copper (CVE:HI) Stock Price Up 11.8% – Should You Buy?

Highland Copper Company Inc. (CVE:HIGet Free Report) traded up 11.8% during mid-day trading on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. 145,000 shares traded hands during trading, an increase of 194% from the average session volume of 49,323 shares. The stock had previously closed at C$0.09.

Highland Copper Trading Up 11.8 %

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’s 50-day moving average is C$0.08 and its 200 day moving average is C$0.09. The company has a market cap of C$69.95 million, a price-to-earnings ratio of 2.38 and a beta of 1.32.

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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