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Hannan Metals (CVE:HAN) Trading 7% Higher - Here's Why

Hannan Metals logo with Basic Materials background
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Shares of Hannan Metals Ltd. (CVE:HAN - Get Free Report) traded up 7% during trading on Friday . The stock traded as high as C$1.07 and last traded at C$1.07. 81,945 shares were traded during mid-day trading, a decline of 12% from the average session volume of 92,979 shares. The stock had previously closed at C$1.00.

Hannan Metals Price Performance

The firm has a market cap of C$147.83 million, a price-to-earnings ratio of -26.12 and a beta of 0.48. The company's 50 day simple moving average is C$0.89 and its 200 day simple moving average is C$0.70.

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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