Highland Copper Company Inc. (CVE:HI – Get Free Report) shares rose 10% on Wednesday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 286,000 shares traded hands during mid-day trading, an increase of 348% from the average daily volume of 63,772 shares. The stock had previously closed at C$0.10.
Highland Copper Price Performance
The firm’s fifty day moving average is C$0.08 and its 200-day moving average is C$0.09. The company has a market capitalization of C$77.32 million, a P/E ratio of 2.63 and a beta of 1.32. The company has a debt-to-equity ratio of 4.52, a quick ratio of 10.92 and a current ratio of 14.97.
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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