Highland Copper Company Inc. (CVE:HI – Get Free Report) dropped 4.5% during mid-day trading on Tuesday . The stock traded as low as C$0.10 and last traded at C$0.11. Approximately 313,700 shares traded hands during trading, an increase of 119% from the average daily volume of 143,076 shares. The stock had previously closed at C$0.11.
Highland Copper Price Performance
The firm has a market capitalization of C$77.32 million, a P/E ratio of 2.10 and a beta of 1.32. The company has a debt-to-equity ratio of 0.35, a current ratio of 13.65 and a quick ratio of 10.92. The stock’s fifty day simple moving average is C$0.10 and its 200 day simple moving average is C$0.08.
Highland Copper (CVE:HI – Get Free Report) last issued its quarterly earnings results on Tuesday, February 13th. The company reported C($0.01) earnings per share (EPS) for the quarter. On average, equities research analysts predict that Highland Copper Company Inc. will post 0.05 EPS for the current year.
About Highland Copper
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.