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
(
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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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