Highland Copper (CVE:HI) Stock Price Down 17.6% – What’s Next?

Highland Copper Company Inc. (CVE:HIGet Free Report)’s share price dropped 17.6% during mid-day trading on Monday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 374,501 shares were traded during mid-day 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 firm’s fifty day simple moving average is C$0.09 and its 200 day simple moving average 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 company has a market cap of C$58.91 million, a price-to-earnings ratio of 2.00 and a beta of 1.32.

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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