Highland Copper (CVE:HI) Shares Up 10% – Here’s What Happened

Highland Copper Company Inc. (CVE:HIGet Free Report)’s stock price shot up 10% during mid-day trading on Wednesday . The company traded as high as C$0.11 and last traded at C$0.11. 286,000 shares changed hands during mid-day trading, an increase of 348% from the average session volume of 63,772 shares. The stock had previously closed at C$0.10.

Highland Copper Trading Up 15.0 %

The company has a debt-to-equity ratio of 4.52, a current ratio of 14.97 and a quick ratio of 10.92. The firm has a market cap of C$84.68 million, a price-to-earnings ratio of 2.88 and a beta of 1.32. The business’s 50-day moving average price is C$0.08 and its two-hundred day moving average price is C$0.09.

About Highland Copper

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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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