Happy Creek Minerals (CVE:HPY) Stock Price Up 16.7% – What’s Next?

Happy Creek Minerals Ltd. (CVE:HPY)’s share price shot up 16.7% during trading on Wednesday . The company traded as high as C$0.14 and last traded at C$0.14. 552,690 shares were traded during mid-day trading, an increase of 163% from the average session volume of 210,316 shares. The stock had previously closed at C$0.12.

Happy Creek Minerals Trading Up 16.7%

The firm has a market cap of C$29.85 million, a price-to-earnings ratio of -7.00 and a beta of -0.86. The firm’s 50-day moving average is C$0.16 and its 200-day moving average is C$0.14. The company has a current ratio of 0.19, a quick ratio of 0.57 and a debt-to-equity ratio of 0.02.

About Happy Creek Minerals

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.