Hannan Metals (CVE:HAN) Shares Up 33.3% – What’s Next?

Hannan Metals Ltd. (CVE:HANGet Free Report)’s stock price shot up 33.3% during mid-day trading on Thursday . The stock traded as high as C$1.01 and last traded at C$0.96. 560,714 shares traded hands during mid-day trading, an increase of 642% from the average session volume of 75,552 shares. The stock had previously closed at C$0.72.

Hannan Metals Price Performance

The company has a market cap of C$115.28 million, a PE ratio of -19.20 and a beta of 0.48. The business’s 50 day moving average price is C$0.72 and its 200-day moving average price is C$0.61. The company has a quick ratio of 5.40, a current ratio of 3.27 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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