Highland Copper (CVE:HI) Stock Price Down 5.7% – Time to Sell?

Shares of Highland Copper Company Inc. (CVE:HIGet Free Report) traded down 5.7% on Friday . The stock traded as low as C$0.17 and last traded at C$0.17. 256,880 shares were traded during mid-day trading, a decline of 61% from the average session volume of 652,208 shares. The stock had previously closed at C$0.18.

Highland Copper Stock Performance

The company has a current ratio of 14.97, a quick ratio of 10.92 and a debt-to-equity ratio of 4.52. The firm has a market capitalization of C$136.56 million, a price-to-earnings ratio of -9.25 and a beta of 1.38. The stock has a fifty day moving average price of C$0.15 and a 200-day moving average price of C$0.14.

About Highland Copper

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Highland Copper Company Inc, together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in the United States. The company explores for copper deposits. Its primary properties include the Copperwood project; and the White Pine North project located in the Upper Peninsula of Michigan. The company was formerly known as Highland Resources Inc and changed its name to Highland Copper Company Inc in October 2012. Highland Copper Company Inc is based in Vancouver, Canada.

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