Happy Creek Minerals (CVE:HPY) Shares Down 16.7% – Should You Sell?

Happy Creek Minerals Ltd. (CVE:HPYGet Free Report)’s stock price dropped 16.7% during trading on Thursday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 140,000 shares traded hands during mid-day trading, an increase of 31% from the average daily volume of 106,574 shares. The stock had previously closed at C$0.06.

Happy Creek Minerals Stock Performance

The stock’s 50 day moving average price is C$0.06 and its 200 day moving average price 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$7.33 million, a P/E 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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