Hannan Metals (CVE:HAN) Trading Up 33.3% – Here’s What Happened

Hannan Metals Ltd. (CVE:HANGet Free Report)’s share 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 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 company’s 50 day moving average is C$0.74 and its 200 day moving average is 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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