Happy Creek Minerals (CVE:HPY) Stock Price Up 50% – Should You Buy?

Shares of Happy Creek Minerals Ltd. (CVE:HPYGet Free Report) shot up 50% during trading on Thursday . The company traded as high as C$0.21 and last traded at C$0.20. 1,216,761 shares were traded during mid-day trading, an increase of 443% from the average session volume of 224,235 shares. The stock had previously closed at C$0.13.

Happy Creek Minerals Trading Up 38.5%

The company has a market capitalization of C$37.85 million, a price-to-earnings ratio of -6.00 and a beta of -0.03. The company has a current ratio of 0.19, a quick ratio of 0.57 and a debt-to-equity ratio of 0.02. The business’s 50 day moving average price is C$0.14 and its two-hundred day moving average price is C$0.11.

Happy Creek Minerals Company Profile

(Get Free Report)

Happy Creek Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for copper, molybdenum, tungsten, gold, and silver deposits. The company owns interest in the Highland Valley property, which consists of the Rateria property and the West Valley property located in south central British Columbia.

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