Shares of Highland Copper Company Inc. (CVE:HI – Get Free Report) rose 20% on Wednesday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 822,500 shares changed hands during mid-day trading, an increase of 1,010% from the average daily volume of 74,070 shares. The stock had previously closed at C$0.10.
Highland Copper Price Performance
The firm has a market cap of C$77.32 million, a price-to-earnings ratio of 2.63 and a beta of 1.32. The firm has a 50 day moving average of C$0.08 and a 200 day moving average of C$0.09. The company has a quick ratio of 10.92, a current ratio of 14.97 and a debt-to-equity ratio of 4.52.
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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