Highwood Asset Management Ltd. (CVE:HAM – Get Free Report) shot up 2.1% on Thursday . The stock traded as high as C$5.79 and last traded at C$5.77. 1,937 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 12,547 shares. The stock had previously closed at C$5.65.
Highwood Asset Management Stock Up 2.1%
The firm has a fifty day moving average of C$5.31 and a 200-day moving average of C$4.87. The stock has a market capitalization of C$81.20 million, a price-to-earnings ratio of 21.37 and a beta of -0.12.
About Highwood Asset Management
Highwood Asset Management Ltd., together with its subsidiary, engages in the acquisition, exploration, development, and production of oil and gas reserves in the Western Canadian Sedimentary basin. The company operates through Metallic Minerals, Midstream Operations, and Upstream Operations segments. It holds 100% interest in the Wabsaca River pipeline system, a crude oil sales line with a capacity to deliver 20,000 barrel per day of crude to the Plains Rainbow System in Edmonton, Northern Alberta.
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