HPQ Silicon (CVE:HPQ) Sets New 1-Year Low – Here’s Why

HPQ Silicon Inc. (CVE:HPQGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.14 and last traded at C$0.14, with a volume of 129234 shares changing hands. The stock had previously closed at C$0.15.

HPQ Silicon Stock Down 3.3%

The company has a debt-to-equity ratio of 2.86, a current ratio of 1.70 and a quick ratio of 0.71. The business’s 50 day moving average price is C$0.16 and its 200 day moving average price is C$0.18. The firm has a market cap of C$68.36 million, a PE ratio of 1.71 and a beta of -0.51.

About HPQ Silicon

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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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