Highland Copper (CVE:HI) Stock Price Down 17.6% – Should You Sell?

Highland Copper Company Inc. (CVE:HIGet Free Report) was down 17.6% during mid-day trading on Monday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 374,501 shares changed hands during trading, an increase of 249% from the average daily volume of 107,421 shares. The stock had previously closed at C$0.09.

Highland Copper Stock Up 6.7 %

The company’s 50 day moving average price is C$0.09 and its two-hundred day moving average price is C$0.10. 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 market cap of C$58.91 million, a PE ratio of 2.00 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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