HPQ Silicon (CVE:HPQ) Stock Falls 14.3% – Here’s What Happened

Shares of HPQ Silicon Inc. (CVE:HPQ – Get Free Report) traded down 14.3% during trading on Tuesday. The stock traded as low as C$0.09 and last traded at C$0.09. Approximately 855,366 shares were traded during mid-day trading, an increase of 197% from the average session volume of 288,188 shares. The stock had previously closed at C$0.10.

HPQ Silicon Price Performance

The company has a market capitalization of C$47.18 million, a P/E ratio of 1.05 and a beta of -0.82. The business’s 50-day moving average is C$0.13 and its two-hundred day moving average is C$0.16. The company has a quick ratio of 0.71, a current ratio of 1.10 and a debt-to-equity ratio of 0.06.

HPQ Silicon Company Profile

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HPQ Silicon Inc, together with its subsidiaries, provides silica and silicon-based solutions in Canada. It is also developing a portfolio of silicon and silica products primarily for battery and electric vehicle manufacturers, and hydrogen applications; and carbon particles for capacitor applications. In addition, the company engages in developing the PUREVAP Quartz Reduction Reactors, a process to transform quartz into silicon metal; and the PUREVAP Nano Silicon Reactors, a process to make the nano silicon materials from silicon chunks.

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