Hannan Metals (CVE:HAN) Trading 15.3% Higher – Time to Buy?

Hannan Metals Ltd. (CVE:HANGet Free Report)’s stock price was up 15.3% on Thursday . The company traded as high as C$0.90 and last traded at C$0.83. Approximately 150,728 shares changed hands during mid-day 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 Up 25.0 %

The company has a quick ratio of 5.40, a current ratio of 3.27 and a debt-to-equity ratio of 3.59. The firm has a 50 day moving average price of C$0.72 and a two-hundred day moving average price of C$0.61. The company has a market capitalization of C$108.07 million, a price-to-earnings ratio of -18.00 and a beta of 0.48.

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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