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Hannan Metals (CVE:HAN) Shares Up 34.7% - Time to Buy?

Hannan Metals logo with Basic Materials background

Hannan Metals Ltd. (CVE:HAN - Get Free Report)'s share price shot up 34.7% during trading on Thursday . The company traded as high as C$0.98 and last traded at C$0.97. 457,981 shares changed hands during trading, an increase of 544% from the average session volume of 71,158 shares. The stock had previously closed at C$0.72.

Hannan Metals Stock Down 7.9 %

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 firm has a market cap of C$126.08 million, a price-to-earnings ratio of -21.00 and a beta of 0.48. The company has a debt-to-equity ratio of 3.59, a current ratio of 3.27 and a quick ratio of 5.40.

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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