Highland Copper (CVE:HI) Sets New 12-Month High - Here's Why

Key Points

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Highland Copper Company Inc. (CVE:HI - )'s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.19 and last traded at C$0.18, with a volume of 1761086 shares trading hands. The stock had previously closed at C$0.15.

Highland Copper Trading Up 20.7%

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$128.86 million, a P/E ratio of -5.83 and a beta of 1.08. The firm's 50-day simple moving average is C$0.12 and its 200-day simple moving average is C$0.11.

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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