Shares of Highland Copper Company Inc (CVE:HI) fell 11.1% on Thursday . The company traded as low as C$0.04 and last traded at C$0.04, 25,000 shares changed hands during mid-day trading. A decline of 79% from the average session volume of 117,165 shares. The stock had previously closed at C$0.05.
The company has a debt-to-equity ratio of 50.29, a current ratio of 0.04 and a quick ratio of 0.02. The company has a 50 day moving average of C$0.04. The firm has a market cap of $21.28 million and a P/E ratio of -3.08.
Highland Copper Company Profile (CVE:HI)
Highland Copper Company Inc, together with its subsidiaries, engages in the acquisition, exploration, and development of copper projects in the United States. It also explores for silver ores. The company owns the Copperwood copper project; and the White Pine copper project in the Upper Peninsula of Michigan.
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