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HPQ Silicon (CVE:HPQ) Stock Price Up 16.1% - Should You Buy?

HPQ Silicon logo with Basic Materials background

Key Points

  • HPQ Silicon Inc. shares surged by 16.1% on Thursday, closing at C$0.18 after trading volumes increased by 529% from average levels.
  • The company, focused on silica and silicon-based solutions for battery and electric vehicle manufacturers, has a market capitalization of C$73.84 million and a P/E ratio of -17.50.
  • HPQ Silicon's current and quick ratios are 0.44 and 0.71 respectively, indicating potential liquidity concerns.
  • Interested in HPQ Silicon? Here are five stocks we like better.

HPQ Silicon Inc. (CVE:HPQ - Get Free Report)'s stock price rose 16.1% during mid-day trading on Thursday . The company traded as high as C$0.18 and last traded at C$0.18. Approximately 1,550,452 shares traded hands during mid-day trading, an increase of 529% from the average daily volume of 246,565 shares. The stock had previously closed at C$0.16.

HPQ Silicon Trading Down 2.6%

The company has a fifty day moving average of C$0.16 and a two-hundred day moving average of C$0.17. The company has a quick ratio of 0.71, a current ratio of 0.44 and a debt-to-equity ratio of -1.07. The stock has a market capitalization of C$80.17 million, a price-to-earnings ratio of -19.00 and a beta of 0.39.

HPQ Silicon Company Profile

(Get Free Report)

HPQ Silicon Inc, together with its subsidiaries, provides silica and silicon-based solutions in Canada. It is also developing a portfolio of silicon and silica products primarily for battery and electric vehicle manufacturers, and hydrogen applications; and carbon particles for capacitor applications.

See Also

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