HPQ Silicon (CVE:HPQ) Trading 2.9% Higher – Should You Buy?

HPQ Silicon Inc. (CVE:HPQ) shares traded up 2.9% during mid-day trading on Friday . The stock traded as high as C$0.18 and last traded at C$0.18. 115,111 shares were traded during mid-day trading, a decline of 66% from the average session volume of 342,337 shares. The stock had previously closed at C$0.17.

HPQ Silicon Price Performance

The firm has a fifty day moving average of C$0.18 and a 200 day moving average of C$0.18. The company has a market capitalization of C$77.55 million, a P/E ratio of 2.12 and a beta of -0.15. The company has a current ratio of 0.60, a quick ratio of 0.71 and a debt-to-equity ratio of 0.08.

HPQ Silicon Company Profile

HPQ Silicon Inc, together with its subsidiaries, provides silica and silicon-based solutions in Canada. It is also developing a portfolio of silicon and silica products primarily for battery and electric vehicle manufacturers, and hydrogen applications; and carbon particles for capacitor applications. In addition, the company engages in developing the PUREVAP Quartz Reduction Reactors, a process to transform quartz into silicon metal; and the PUREVAP Nano Silicon Reactors, a process to make the nano silicon materials from silicon chunks.