HPQ Silicon (CVE:HPQ) Trading Up 16.1% - Still a Buy?

Key Points

• HPQ Silicon Inc. saw its stock price rise by 16.1%, trading at C$0.18 with over 1.5 million shares changing hands, significantly up from its usual daily volume.
• The company has a market capitalization of C$73.84 million and a negative PE ratio of -17.50, indicating potential challenges in profitability.
• HPQ Silicon is focused on developing silica and silicon-based solutions, particularly for battery and electric vehicle manufacturers, as well as applications in hydrogen and capacitors.

HPQ Silicon Inc. (CVE:HPQ - ) was up 16.1% on Thursday . The company traded as high as C$0.18 and last traded at C$0.18. Approximately 1,550,452 shares changed hands during 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 Up 12.9%

The company has a market capitalization of C$73.84 million, a PE ratio of -17.50 and a beta of 0.39. 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 stock has a fifty day moving average of C$0.15 and a two-hundred day moving average of C$0.18.

About HPQ Silicon

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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