Hannan Metals (CVE:HAN) Trading 33.3% Higher – What’s Next?

Hannan Metals Ltd. (CVE:HANGet Free Report) shares were up 33.3% during trading on Friday . The stock traded as high as C$1.01 and last traded at C$0.96. Approximately 560,714 shares were traded during mid-day 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 Stock Performance

The company has a debt-to-equity ratio of 3.59, a current ratio of 3.27 and a quick ratio of 5.40. The company has a market capitalization of C$115.28 million, a price-to-earnings ratio of -19.20 and a beta of 0.48. The firm has a fifty day simple moving average of C$0.72 and a 200 day simple moving average of C$0.61.

About Hannan Metals

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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.

Further Reading

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