Highland Copper (CVE:HI) Trading Down 5.7% – Here’s What Happened

Highland Copper Company Inc. (CVE:HI)’s share price fell 5.7% during mid-day trading on Friday . The stock traded as low as C$0.17 and last traded at C$0.17. 256,880 shares were traded during trading, a decline of 60% from the average session volume of 647,315 shares. The stock had previously closed at C$0.18.

Highland Copper Stock Performance

The company has a debt-to-equity ratio of 4.52, a quick ratio of 10.92 and a current ratio of 14.97. The firm has a market cap of C$136.56 million, a P/E ratio of -9.25 and a beta of 1.38. The company’s 50 day moving average is C$0.15 and its 200 day moving average is C$0.14.

Highland Copper Company Profile

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.