Shares of Highwood Asset Management Ltd. (CVE:HAM – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$6.01 and last traded at C$5.76, with a volume of 67132 shares trading hands. The stock had previously closed at C$4.90.
Highwood Asset Management Trading Up 16.9%
The company has a market cap of C$80.64 million, a price-to-earnings ratio of 21.22 and a beta of -0.18. The firm’s fifty day moving average price is C$4.82 and its 200-day moving average price is C$4.45.
Highwood Asset Management Company Profile
Highwood Asset Management Ltd., together with its subsidiary, engages in the acquisition, exploration, development, and production of oil and gas reserves in the Western Canadian Sedimentary basin. The company operates through Metallic Minerals, Midstream Operations, and Upstream Operations segments. It holds 100% interest in the Wabsaca River pipeline system, a crude oil sales line with a capacity to deliver 20,000 barrel per day of crude to the Plains Rainbow System in Edmonton, Northern Alberta.
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