Happy Creek Minerals (CVE:HPY) Trading 21.4% Higher – Still a Buy?

Happy Creek Minerals Ltd. (CVE:HPYGet Free Report) shot up 21.4% during mid-day trading on Saturday . The stock traded as high as C$0.09 and last traded at C$0.09. 628,394 shares changed hands during mid-day trading, an increase of 564% from the average session volume of 94,620 shares. The stock had previously closed at C$0.07.

Happy Creek Minerals Stock Up 21.4%

The firm’s 50-day simple moving average is C$0.05 and its 200-day simple moving average is C$0.05. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.57 and a current ratio of 0.19. The company has a market capitalization of C$12.45 million, a price-to-earnings ratio of -6.00 and a beta of -0.47.

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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