Highland Copper (CVE:HI) Stock Price Down 17.6% – Should You Sell?

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

Highland Copper Price Performance

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 firm has a fifty day moving average of C$0.09 and a two-hundred day moving average of C$0.10. The stock has a market capitalization of C$55.23 million, a P/E ratio of 1.88 and a beta of 1.32.

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.

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