Shares of Hannan Metals Ltd. (CVE:HAN – Get Free Report) rose 33.3% on Friday . The stock traded as high as C$1.01 and last traded at C$0.96. 560,714 shares traded hands during mid-day trading, an increase of 642% from the average daily volume of 75,552 shares. The stock had previously closed at C$0.72.
Hannan Metals Price Performance
The company has a debt-to-equity ratio of 3.59, a quick ratio of 5.40 and a current ratio of 3.27. The business has a 50 day moving average price of C$0.72 and a 200-day moving average price of C$0.61. The company has a market capitalization of C$115.28 million, a price-to-earnings ratio of -19.20 and a beta of 0.48.
About Hannan Metals
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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