Shares of Highland Copper Company Inc. (CVE:HI – Get Free Report) shot up 20% during mid-day trading on Thursday . The company traded as high as C$0.12 and last traded at C$0.12. 883,912 shares traded hands during mid-day 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 Performance
The company’s 50 day simple moving average is C$0.08 and its 200 day simple moving average is C$0.09. The company has a debt-to-equity ratio of 4.52, a quick ratio of 10.92 and a current ratio of 14.97. The stock has a market cap of C$77.32 million, a PE ratio of 2.63 and a beta of 1.32.
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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