Highland Copper (CVE:HI) Shares Up 10% – Still a Buy?

Highland Copper Company Inc. (CVE:HI)’s share price shot up 10% during mid-day trading on Monday . The company traded as high as C$0.17 and last traded at C$0.17. 331,000 shares were traded during trading, a decline of 14% from the average session volume of 384,846 shares. The stock had previously closed at C$0.15.

Highland Copper Stock Up 13.3%

The company has a current ratio of 14.97, a quick ratio of 10.92 and a debt-to-equity ratio of 4.52. The stock’s 50-day moving average is C$0.15 and its 200-day moving average is C$0.15. The company has a market cap of C$125.49 million, a price-to-earnings ratio of -8.50 and a beta of 1.34.

Highland Copper Company Profile

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. The company was formerly known as Highland Resources Inc and changed its name to Highland Copper Company Inc in October 2012. Highland Copper Company Inc is based in Vancouver, Canada.