Highland Copper (CVE:HI) Trading 20% Higher – Time to Buy?

Highland Copper Company Inc. (CVE:HIGet Free Report)’s stock price traded up 20% on Thursday . The company traded as high as C$0.12 and last traded at C$0.12. 883,912 shares changed hands during trading, an increase of 1,074% from the average session volume of 75,290 shares. The stock had previously closed at C$0.10.

Highland Copper Stock Up 20.0 %

The company has a quick ratio of 10.92, a current ratio of 14.97 and a debt-to-equity ratio of 4.52. The company has a market capitalization of C$88.36 million, a PE ratio of 3.00 and a beta of 1.32. The company’s 50 day moving average is C$0.08 and its two-hundred day moving average 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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