Happy Creek Minerals (CVE:HPY) Trading Down 16.7% – Should You Sell?

Shares of Happy Creek Minerals Ltd. (CVE:HPYGet Free Report) traded down 16.7% during mid-day trading on Thursday . The company traded as low as C$0.05 and last traded at C$0.05. 140,000 shares changed hands during trading, an increase of 31% from the average session volume of 106,574 shares. The stock had previously closed at C$0.06.

Happy Creek Minerals Price Performance

The stock’s 50-day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.05. The company has a quick ratio of 0.57, a current ratio of 0.19 and a debt-to-equity ratio of 0.02. The company has a market capitalization of C$7.33 million, a price-to-earnings ratio of -6.00 and a beta of -0.47.

Happy Creek Minerals Company Profile

(Get Free Report)

Happy Creek Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for copper, molybdenum, tungsten, gold, and silver deposits. The company owns interest in the Highland Valley property, which consists of the Rateria property and the West Valley property located in south central British Columbia.

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