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Highland Copper (CVE:HI) Trading Up 7.7% - Should You Buy?

Highland Copper logo with Basic Materials background

Key Points

  • Highland Copper's share price rose by 7.7% during mid-day trading, reaching C$0.14, with a trading volume increase of 36% compared to its average daily volume.
  • The company has a debt-to-equity ratio of 4.52 and a market capitalization of C$106.77 million, but has a negative price-to-earnings ratio of -4.83.
  • Highland Copper is focused on acquiring, exploring, and developing mineral properties in the United States, specifically looking for copper deposits in Michigan.
  • MarketBeat previews top five stocks to own in November.

Highland Copper Company Inc. (CVE:HI - Get Free Report)'s share price rose 7.7% during mid-day trading on Friday . The company traded as high as C$0.14 and last traded at C$0.14. Approximately 154,600 shares changed hands during mid-day trading, an increase of 36% from the average daily volume of 113,657 shares. The stock had previously closed at C$0.13.

Highland Copper Stock Up 11.5%

The company has a debt-to-equity ratio of 4.52, a current ratio of 14.97 and a quick ratio of 10.92. The stock has a market cap of C$106.77 million, a price-to-earnings ratio of -4.83 and a beta of 1.08. The firm's 50-day moving average is C$0.12 and its 200 day moving average is C$0.11.

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.

Further Reading

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