Highland Copper Company Inc. (CVE:HI – Get Free Report) was up 20% on Wednesday . The company traded as high as C$0.12 and last traded at C$0.12. Approximately 791,500 shares traded hands during mid-day 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 Price Performance
The firm has a 50-day moving average of C$0.08 and a 200-day moving average of C$0.09. The company has a debt-to-equity ratio of 4.52, a quick ratio of 10.92 and a current ratio of 14.97. The firm has a market capitalization of C$88.36 million, a P/E ratio of 3.00 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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