Happy Creek Minerals (CVE:HPY) Shares Down 4% – Should You Sell?

Shares of Happy Creek Minerals Ltd. (CVE:HPYGet Free Report) dropped 4% on Friday . The company traded as low as C$0.12 and last traded at C$0.12. Approximately 620,869 shares traded hands during trading, an increase of 207% from the average daily volume of 202,228 shares. The stock had previously closed at C$0.13.

Happy Creek Minerals Stock Performance

The stock has a 50 day simple moving average of C$0.10 and a 200 day simple moving average of C$0.06. The company has a quick ratio of 0.57, a current ratio of 0.19 and a debt-to-equity ratio of 0.02. The company has a market cap of C$16.23 million, a price-to-earnings ratio of -3.67 and a beta of -0.33.

About Happy Creek Minerals

(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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