Highland Copper Company Inc. (CVE:HI - Get Free Report) shot up 5% on Wednesday . The stock traded as high as C$0.11 and last traded at C$0.11. 270,400 shares changed hands during trading, an increase of 188% from the average session volume of 94,041 shares. The stock had previously closed at C$0.10.
Highland Copper Price Performance
The firm has a market cap of C$77.32 million, a PE ratio of 2.63 and a beta of 1.32. The firm has a fifty day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.09. The company has a debt-to-equity ratio of 4.52, a quick ratio of 10.92 and a current ratio of 14.97.
Insiders Place Their Bets
In other news, Senior Officer Wynand Andre Van Dyk purchased 650,000 shares of the business's stock in a transaction on Tuesday, June 24th. The stock was acquired at an average price of C$0.10 per share, for a total transaction of C$65,540.80. In the last three months, insiders purchased 810,000 shares of company stock worth $80,741. Company insiders own 0.56% of the company's stock.
Highland Copper Company Profile
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Highland Copper, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Highland Copper wasn't on the list.
While Highland Copper currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.