Highland Copper (CVE:HI) Shares Up 5% - What's Next?

Highland Copper Company Inc. (CVE:HI - Get Free Report) shares traded up 5% on Wednesday . The company traded as high as C$0.11 and last traded at C$0.11. 270,400 shares were traded during mid-day 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 Stock Up 5.0%

The stock's fifty day moving average is C$0.10 and its 200 day moving average is C$0.09. The company has a current ratio of 14.97, a quick ratio of 10.92 and a debt-to-equity ratio of 4.52. The company has a market capitalization of C$77.32 million, a P/E ratio of 2.63 and a beta of 1.32.

Insider Buying and Selling

In related news, Senior Officer Wynand Andre Van Dyk acquired 650,000 shares of the firm's stock in a transaction on Tuesday, June 24th. The stock was acquired at an average cost of C$0.10 per share, for a total transaction of C$65,540.80. In the last three months, insiders have acquired 810,000 shares of company stock worth $80,741. Corporate insiders own 0.56% of the company's stock.

Highland Copper Company Profile

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.