Highland Copper (CVE:HI) Trading Up 5% - Should You Buy?

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 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 Performance

The company has a market capitalization of C$77.32 million, a price-to-earnings ratio of 2.63 and a beta of 1.32. 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 stock has a 50-day simple moving average of C$0.10 and a 200-day simple moving average of C$0.09.

Insider Buying and Selling at Highland Copper

In related news, Senior Officer Wynand Andre Van Dyk bought 650,000 shares of the business's stock in a transaction on Tuesday, June 24th. The shares were bought at an average cost of C$0.10 per share, for a total transaction of C$65,540.80. Over the last ninety days, insiders have bought 810,000 shares of company stock worth $80,741. 0.56% of the stock is owned by corporate insiders.

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.