Highland Copper Company Inc. (CVE:HI – Get Free Report) was up 20% during mid-day trading on Wednesday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 791,500 shares changed hands during trading, an increase of 993% from the average daily volume of 72,435 shares. The stock had previously closed at C$0.10.
Highland Copper Stock Performance
The firm’s 50-day simple moving average is C$0.08 and its 200 day simple moving average is C$0.09. The company has a debt-to-equity ratio of 4.52, a current ratio of 14.97 and a quick ratio of 10.92. The firm has a market capitalization of C$77.32 million, a price-to-earnings ratio of 2.63 and a beta of 1.32.
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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