Highland Copper Company Inc. (CVE:HI – Get Free Report) fell 17.6% during mid-day trading on Monday . The stock traded as low as C$0.07 and last traded at C$0.07. 334,501 shares were traded during mid-day trading, an increase of 215% from the average session volume of 106,235 shares. The stock had previously closed at C$0.09.
Highland Copper Stock Performance
The business has a 50-day moving average price of C$0.09 and a 200-day moving average price of 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 has a market capitalization of C$58.91 million, a price-to-earnings ratio of 2.00 and a beta of 1.32.
About Highland Copper
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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