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HPQ Silicon (CVE:HPQ) Trading 12.9% Higher - Should You Buy?

HPQ Silicon logo with Basic Materials background

Key Points

  • HPQ Silicon Inc. saw a significant increase in trading, climbing 12.9% to C$0.18, with trading volume surging 611% compared to its average.
  • The company has a market capitalization of C$75.95 million and is developing silicon-based solutions mainly for battery, electric vehicle, and hydrogen applications.
  • HPQ Silicon holds a negative price-to-earnings ratio of -18.00, indicating it is not currently profitable.
  • MarketBeat previews top five stocks to own in November.

Shares of HPQ Silicon Inc. (CVE:HPQ - Get Free Report) were up 12.9% on Thursday . The company traded as high as C$0.18 and last traded at C$0.18. Approximately 1,759,482 shares were traded during mid-day trading, an increase of 611% from the average daily volume of 247,555 shares. The stock had previously closed at C$0.16.

HPQ Silicon Stock Down 2.6%

The company has a current ratio of 0.44, a quick ratio of 0.71 and a debt-to-equity ratio of -1.07. The firm has a 50 day moving average price of C$0.16 and a 200-day moving average price of C$0.17. The firm has a market cap 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.

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