Shares of Highland Copper Company Inc. (CVE:HI – Get Free Report) rose 20% during mid-day trading on Wednesday . The company traded as high as C$0.12 and last traded at C$0.12. Approximately 883,912 shares traded hands during mid-day trading, an increase of 1,074% from the average daily volume of 75,290 shares. The stock had previously closed at C$0.10.
Highland Copper Price Performance
The business’s fifty day simple moving average is C$0.08 and its 200 day simple moving average is C$0.09. The stock has a market cap of C$77.32 million, a price-to-earnings ratio of 2.63 and a beta of 1.32. The company has a current ratio of 14.97, a quick ratio of 10.92 and a debt-to-equity ratio of 4.52.
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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