Hannan Metals (CVE:HAN) Stock Price Up 3.5% - Here's Why

Hannan Metals Ltd. (CVE:HAN - Get Free Report) rose 3.5% during mid-day trading on Friday . The company traded as high as C$0.59 and last traded at C$0.59. Approximately 25,500 shares traded hands during trading, a decline of 62% from the average daily volume of 66,718 shares. The stock had previously closed at C$0.57.

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Hannan Metals Stock Performance

The company has a quick ratio of 5.40, a current ratio of 4.16 and a debt-to-equity ratio of 3.59. The stock has a fifty day moving average of C$0.57 and a 200-day moving average of C$0.48. The stock has a market cap of C$70.85 million, a PE ratio of -9.83 and a beta of 0.50.

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.

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