Highland Copper (CVE:HI) Shares Down 17.6% – Here’s Why

Highland Copper Company Inc. (CVE:HIGet Free Report) shares dropped 17.6% during mid-day trading on Monday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 374,501 shares were traded during trading, an increase of 249% from the average daily volume of 107,421 shares. The stock had previously closed at C$0.09.

Highland Copper Stock Down 11.8 %

The company has a debt-to-equity ratio of 4.52, a current ratio of 14.97 and a quick ratio of 10.92. The company has a fifty day moving average price of C$0.09 and a 200 day moving average price of C$0.10. The company has a market cap of C$55.23 million, a PE ratio of 1.88 and a beta of 1.32.

Highland Copper Company Profile

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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.

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