Shares of Hannan Metals Ltd. (CVE:HAN – Get Free Report) were up 22.2% on Thursday . The company traded as high as C$0.90 and last traded at C$0.88. Approximately 115,734 shares were traded during trading, an increase of 102% from the average daily volume of 57,207 shares. The stock had previously closed at C$0.72.
Hannan Metals Price Performance
The company has a market cap of C$136.89 million, a PE ratio of -22.80 and a beta of 0.48. 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 simple moving average of C$0.73 and a 200-day simple moving average of C$0.61.
Hannan Metals Company Profile
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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