Shares of Highland Copper Company Inc. (CVE:HI – Get Free Report) shot up 11.8% during trading on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. 145,000 shares were traded during trading, an increase of 194% from the average session volume of 49,323 shares. The stock had previously closed at C$0.09.
Highland Copper Stock Performance
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 stock has a market cap of C$69.95 million, a price-to-earnings ratio of 2.38 and a beta of 1.32. The firm’s 50-day moving average is C$0.08 and its two-hundred day moving average is C$0.09.
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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