Highland Copper (CVE:HI) Trading 20% Higher – What’s Next?

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

Highland Copper Price Performance

The stock has a 50-day moving average of C$0.08 and a two-hundred day moving average of C$0.09. The firm has a market cap of C$77.32 million, a price-to-earnings ratio of 2.63 and a beta of 1.32. The company has a current ratio of 14.97, a quick ratio of 10.92 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.

Further Reading

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