Hannan Metals (CVE:HAN) Trading Up 22.2% – Time to Buy?

Hannan Metals Ltd. (CVE:HANGet Free Report) shares traded up 22.2% on Thursday . The company traded as high as C$0.90 and last traded at C$0.88. 259,228 shares traded hands during trading, an increase of 312% from the average session volume of 62,860 shares. The stock had previously closed at C$0.72.

Hannan Metals Stock Up 29.2 %

The firm has a 50 day simple moving average of C$0.72 and a two-hundred day simple moving average of C$0.61. The stock has a market cap of C$111.67 million, a P/E ratio of -18.60 and a beta of 0.48. The company has a debt-to-equity ratio of 3.59, a quick ratio of 5.40 and a current ratio of 3.27.

About Hannan Metals

(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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