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Hannan Metals (CVE:HAN) Trading Up 15.3% - Here's What Happened

Hannan Metals logo with Basic Materials background

Shares of Hannan Metals Ltd. (CVE:HAN - Get Free Report) were up 15.3% during trading on Thursday . The stock traded as high as C$0.90 and last traded at C$0.83. Approximately 150,728 shares were traded during trading, an increase of 152% from the average daily volume of 59,783 shares. The stock had previously closed at C$0.72.

Hannan Metals Stock Down 7.9 %

The stock has a market capitalization 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. The business has a fifty day moving average of C$0.74 and a 200 day moving average of C$0.62.

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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