Hannan Metals Ltd. (CVE:HAN - Get Free Report) rose 22.2% on Thursday . The stock traded as high as C$0.90 and last traded at C$0.88. Approximately 115,734 shares traded hands during mid-day trading, an increase of 102% from the average daily volume of 57,207 shares. The stock had previously closed at C$0.72.
Hannan Metals Stock Performance
The stock's 50-day moving average is C$0.74 and its 200-day moving average is 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. The stock has a market cap of C$126.08 million, a price-to-earnings ratio of -21.00 and a beta of 0.48.
Hannan Metals Company Profile
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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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