Highland Copper Company Inc. (CVE:HI - Get Free Report)'s share price was up 20% during mid-day trading on Wednesday . 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.
The company has a quick ratio of 10.92, a current ratio of 14.97 and a debt-to-equity ratio of 4.52. The firm's fifty day moving average price is C$0.08 and its 200 day moving average price is C$0.09. The stock has a market cap of C$88.36 million, a PE ratio of 3.00 and a beta of 1.32.
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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