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Hannan Metals (CVE:HAN) Trading Up 33.3% - What's Next?

Hannan Metals logo with Basic Materials background

Shares of Hannan Metals Ltd. (CVE:HAN - Get Free Report) shot up 33.3% during mid-day trading on Friday . The company traded as high as C$1.01 and last traded at C$0.96. 560,714 shares were traded during 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 business has a fifty day simple moving average of C$0.74 and a 200 day simple moving average of C$0.62. The stock has a market capitalization of C$122.48 million, a P/E ratio of -20.40 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.

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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