Hannan Metals (CVE:HAN) Shares Up 7% – What’s Next?

Shares of Hannan Metals Ltd. (CVE:HANGet Free Report) were up 7% during trading on Friday . The company traded as high as C$1.07 and last traded at C$1.07. Approximately 81,945 shares were traded during trading, a decline of 12% from the average daily volume of 92,979 shares. The stock had previously closed at C$1.00.

Hannan Metals Stock Performance

The stock’s 50 day simple moving average is C$0.88 and its 200 day simple moving average is C$0.70. The firm has a market cap of C$126.54 million, a P/E ratio of -22.36 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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