Hannan Metals (CVE:HAN) Trading 22.2% Higher – Time to Buy?

Hannan Metals Ltd. (CVE:HANGet Free Report) traded up 22.2% during mid-day trading on Thursday . The stock traded as high as C$0.90 and last traded at C$0.88. 259,228 shares changed hands during mid-day trading, an increase of 312% from the average session volume of 62,860 shares. The stock had previously closed at C$0.72.

Hannan Metals Stock Performance

The stock has a market capitalization of C$136.89 million, a price-to-earnings ratio of -22.80 and a beta of 0.48. The company has a current ratio of 3.27, a quick ratio of 5.40 and a debt-to-equity ratio of 3.59. The firm has a 50-day moving average of C$0.74 and a 200-day moving average of C$0.62.

About Hannan Metals

(Get Free Report)

Hannan Metals Ltd., a junior mineral exploration company, engages in the acquisition and exploration of mineral properties in Ireland and Peru. The company explores for copper, gold, silver, zinc, and lead deposits. Its flagship project is the 100% owned the San Martin project covering an area of 65,600 hectares located to the northwest of Tarapoto, Peru.

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