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HPQ Silicon (CVE:HPQ) Trading Up 12.9% - Still a 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.
  • Interested in HPQ Silicon? Here are five stocks we like better.

HPQ Silicon Inc. (CVE:HPQ - Get Free Report) was up 12.9% during mid-day trading 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 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 Up 16.1%

The company has a market capitalization of C$75.95 million, a price-to-earnings ratio of -18.00 and a beta of 0.39. The business's 50-day moving average is C$0.15 and its 200-day moving average is C$0.18. The company has a quick ratio of 0.71, a current ratio of 0.44 and a debt-to-equity ratio of -1.07.

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.

Further Reading

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