Shares of Highland Copper Company Inc. (CVE:HI – Get Free Report) were up 20% on Wednesday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 883,912 shares were traded during mid-day trading, an increase of 1,074% from the average daily volume of 75,290 shares. The stock had previously closed at C$0.10.
Highland Copper Stock Performance
The company has a market capitalization of C$77.32 million, a price-to-earnings ratio of 2.63 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. The firm has a 50-day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.09.
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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