Highland Copper (CVE:HI) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

Highland Copper Company Inc. (CVE:HI) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.15 and traded as low as C$0.14. Highland Copper shares last traded at C$0.14, with a volume of 57,808 shares.

Highland Copper Price Performance

The company has a 50 day simple moving average of C$0.15 and a 200 day simple moving average of C$0.16. The company has a market capitalization of C$103.43 million, a price-to-earnings ratio of -7.75 and a beta of 1.38. The company has a quick ratio of 10.92, a current ratio of 14.97 and a debt-to-equity ratio of 4.52.

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. The company was formerly known as Highland Resources Inc and changed its name to Highland Copper Company Inc in October 2012. Highland Copper Company Inc is based in Vancouver, Canada.