Highland Copper (CVE:HI) Trading Down 17.6% – Time to Sell?

Highland Copper Company Inc. (CVE:HIGet Free Report) was down 17.6% during mid-day trading on Monday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 334,501 shares traded hands during mid-day trading, an increase of 215% from the average daily volume of 106,235 shares. The stock had previously closed at C$0.09.

Highland Copper Price Performance

The firm has a market capitalization of C$53.02 million, a P/E ratio of 1.80 and a beta of 1.32. The company has a fifty day moving average of C$0.09 and a 200 day moving average of C$0.10. The company has a debt-to-equity ratio of 4.52, a current ratio of 14.97 and a quick ratio of 10.92.

About Highland Copper

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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.

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