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HPQ Silicon (CVE:HPQ) Trading 5.1% Higher - Here's What Happened

HPQ Silicon logo with Basic Materials background
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Key Points

  • HPQ Silicon shares rose 5.1% to C$0.21 on Wednesday, with volume jumping 79% to 707,593 shares versus an average of 395,914.
  • The company has a market cap of C$87.06 million, a negative PE (-13.47) and weak liquidity (quick ratio 0.71, current ratio 0.72), signaling limited profitability and tight short-term liquidity.
  • HPQ Silicon is developing silicon and silica products for batteries/EVs, hydrogen and capacitor applications and is commercializing its PUREVAP reactors to produce silicon metal and nano-silicon.
  • Interested in HPQ Silicon? Here are five stocks we like better.

Shares of HPQ Silicon Inc. (CVE:HPQ - Get Free Report) shot up 5.1% during trading on Wednesday . The stock traded as high as C$0.21 and last traded at C$0.21. 707,593 shares were traded during trading, an increase of 79% from the average session volume of 395,914 shares. The stock had previously closed at C$0.20.

HPQ Silicon Trading Up 5.1%

The company has a quick ratio of 0.71, a current ratio of 0.72 and a debt-to-equity ratio of -6.55. The firm has a market cap of C$87.06 million, a PE ratio of -13.47 and a beta of -0.28. The company's 50 day moving average price is C$0.20 and its two-hundred day moving average price is C$0.18.

About HPQ Silicon

(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. In addition, the company engages in developing the PUREVAP Quartz Reduction Reactors, a process to transform quartz into silicon metal; and the PUREVAP Nano Silicon Reactors, a process to make the nano silicon materials from silicon chunks.

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