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Highland Copper (CVE:HI) Trading Down 15.8% - Should You Sell?

Highland Copper logo with Basic Materials background

Key Points

  • Highland Copper's stock price fell by 15.8% on Thursday, dropping to C$0.16, with trading volume increasing by 159% compared to its average.
  • The company's financial metrics show a market cap of C$121.50 million, a P/E ratio of -5.50, and high liquidity ratios including a current ratio of 14.97.
  • Highland Copper focuses on the acquisition, exploration, and development of mineral properties, particularly copper, in the United States.
  • Interested in Highland Copper? Here are five stocks we like better.

Highland Copper Company Inc. (CVE:HI - Get Free Report) was down 15.8% during trading on Thursday . The company traded as low as C$0.16 and last traded at C$0.16. Approximately 337,791 shares were traded during mid-day trading, an increase of 159% from the average daily volume of 130,592 shares. The stock had previously closed at C$0.19.

Highland Copper Stock Down 13.2%

The business has a fifty day moving average of C$0.12 and a 200 day moving average of C$0.11. The firm has a market cap of C$121.50 million, a P/E ratio of -5.50 and a beta of 1.08. The company has a quick ratio of 10.92, a current ratio of 14.97 and a debt-to-equity ratio of 4.52.

About Highland Copper

(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.

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