Hannan Metals (CVE:HAN) Trading 33.3% Higher – Time to Buy?

Hannan Metals Ltd. (CVE:HANGet Free Report) shares were up 33.3% on Thursday . The company traded as high as C$1.01 and last traded at C$0.96. Approximately 560,714 shares were traded during trading, an increase of 642% from the average daily volume of 75,552 shares. The stock had previously closed at C$0.72.

Hannan Metals Price Performance

The stock has a market cap of C$136.89 million, a PE ratio of -22.80 and a beta of 0.48. The business has a fifty day simple moving average of C$0.74 and a two-hundred day simple moving average of C$0.62. The company has a current ratio of 3.27, a quick ratio of 5.40 and a debt-to-equity ratio of 3.59.

Hannan Metals Company Profile

(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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