Hannan Metals (CVE:HAN) Stock Price Up 12.1% – Here’s Why

Hannan Metals Ltd. (CVE:HANGet Free Report) shares rose 12.1% on Friday . The stock traded as high as C$0.55 and last traded at C$0.53. Approximately 474,683 shares changed hands during trading, an increase of 616% from the average daily volume of 66,287 shares. The stock had previously closed at C$0.47.

Hannan Metals Stock Performance

The firm’s 50 day moving average is C$0.57 and its two-hundred day moving average is C$0.70. The stock has a market capitalization of C$79.65 million, a PE ratio of -27.50 and a beta of 0.56.

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. The company was formerly known as Mitchell Resources Ltd. and changed its name to Hannan Metals Ltd. in January 2017. Hannan Metals Ltd. is based in Vancouver, Canada.

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