Highland Copper (CVE:HI) Stock Price Passes Above Fifty Day Moving Average – What’s Next?

Highland Copper Company Inc. (CVE:HI)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.16 and traded as high as C$0.17. Highland Copper shares last traded at C$0.17, with a volume of 36,116 shares trading hands.

Highland Copper Trading Down 5.7%

The company’s fifty day moving average price is C$0.16 and its two-hundred day moving average price is C$0.15. The company has a quick ratio of 10.92, a current ratio of 14.97 and a debt-to-equity ratio of 4.52. The company has a market cap of C$121.80 million, a price-to-earnings ratio of -7.75 and a beta of 1.32.

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.