Highland Copper (CVE:HI) Shares Up 5% – Here’s Why

Highland Copper Company Inc. (CVE:HIGet Free Report)’s stock price rose 5% during trading on Monday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 92,800 shares changed hands during trading, a decline of 1% from the average daily volume of 93,649 shares. The stock had previously closed at C$0.10.

Highland Copper Price Performance

The stock has a market cap of C$77.32 million, a P/E ratio of 2.63 and a beta of 1.32. The company’s 50 day moving average price is C$0.09 and its 200-day moving average price is C$0.09. The company has a quick ratio of 10.92, a current ratio of 14.97 and a debt-to-equity ratio of 4.52.

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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