Highland Copper (CVE:HI) Stock Price Up 20% – Should You Buy?

Highland Copper Company Inc. (CVE:HIGet Free Report)’s share price traded up 20% on Wednesday . The company traded as high as C$0.12 and last traded at C$0.12. 883,912 shares traded hands during mid-day trading, an increase of 1,074% from the average session volume of 75,290 shares. The stock had previously closed at C$0.10.

Highland Copper Price Performance

The stock has a fifty day simple moving average of C$0.08 and a 200-day simple moving average of C$0.09. The company has a market capitalization of C$77.32 million, a PE 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.

Highland Copper Company Profile

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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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