Highland Copper (CVE:HI) Shares Up 11.8%

Highland Copper Company Inc. (CVE:HIGet Free Report) shot up 11.8% on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. 114,500 shares changed hands during mid-day trading, a decline of 2% from the average session volume of 116,299 shares. The stock had previously closed at C$0.09.

Highland Copper Stock Up 11.8 %

The company has a market capitalization of C$69.95 million, a price-to-earnings ratio of 2.38 and a beta of 1.36. 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 business has a 50-day moving average price of C$0.10 and a 200-day moving average price of C$0.11.

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.

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