Highbank Resources (HBK) Sets New 12-Month Low at $0.02

Shares of Highbank Resources (CVE:HBK) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 600000 shares changing hands. The stock had previously closed at C$0.02.

The company has a debt-to-equity ratio of 206.85, a quick ratio of 0.01 and a current ratio of 0.01.

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About Highbank Resources (CVE:HBK)

Highbank Resources Ltd. engages in the acquisition, exploration, and development of mineral properties primarily in Canada. The company primarily mines for sand and gravel resources. It holds 100% working ownership interest in the Swamp Point Gravel deposit located in Portland Canal, British Columbia.

Further Reading: Why does a company issue an IPO?

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