Happy Creek Minerals (CVE:HPY) Trading Down 14.3% – What’s Next?

Happy Creek Minerals Ltd. (CVE:HPY) shares fell 14.3% on Saturday . The company traded as low as C$0.12 and last traded at C$0.12. 648,991 shares were traded during mid-day trading, an increase of 304% from the average session volume of 160,505 shares. The stock had previously closed at C$0.14.

Happy Creek Minerals Trading Down 14.3%

The business’s 50 day moving average price is C$0.08 and its two-hundred day moving average price is C$0.06. 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 company has a market capitalization of C$17.58 million, a price-to-earnings ratio of -6.00 and a beta of -0.47.

Happy Creek Minerals Company Profile

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.