Highland Copper (CVE:HI) Shares Down 22.2%

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Highland Copper Company Inc (CVE:HI)’s stock price was down 22.2% on Thursday . The company traded as low as C$0.04 and last traded at C$0.04, approximately 162,000 shares traded hands during trading. An increase of 37% from the average daily volume of 117,929 shares. The stock had previously closed at C$0.05.

The company has a quick ratio of 0.02, a current ratio of 0.04 and a debt-to-equity ratio of 50.29. The business has a 50-day moving average price of C$0.04 and a two-hundred day moving average price of C$0.05. The company has a market capitalization of $18.92 million and a price-to-earnings ratio of -3.08.

About Highland Copper (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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