Happy Creek Minerals (CVE:HPY) Shares Up 34.6% – Should You Buy?

Happy Creek Minerals Ltd. (CVE:HPYGet Free Report) shares shot up 34.6% during trading on Thursday . The stock traded as high as C$0.21 and last traded at C$0.18. 1,426,313 shares traded hands during trading, an increase of 530% from the average session volume of 226,265 shares. The stock had previously closed at C$0.13.

Happy Creek Minerals Trading Up 11.1%

The company has a 50 day moving average of C$0.14 and a two-hundred day moving average of C$0.11. The stock has a market capitalization of C$42.06 million, a PE ratio of -6.67 and a beta of -0.03. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.57 and a current ratio of 0.19.

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. It also holds interests in the Silverboss, Hen-Art-DL, Fox, Black Riders, and Hawk properties; and the Silver Dollar Property. The company was incorporated in 2004 and is headquartered in Vancouver, Canada.

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