Hannan Metals (CVE:HAN) Stock Price Up 33.3% – Should You Buy?

Hannan Metals Ltd. (CVE:HANGet Free Report)’s stock price traded up 33.3% during trading on Friday . The company traded as high as C$1.01 and last traded at C$0.96. 560,714 shares changed hands during trading, an increase of 642% from the average session volume of 75,552 shares. The stock had previously closed at C$0.72.

Hannan Metals Stock Up 33.3 %

The company has a market cap of C$115.28 million, a P/E ratio of -19.20 and a beta of 0.48. The company’s 50-day moving average is C$0.72 and its two-hundred day moving average is C$0.61. The company has a debt-to-equity ratio of 3.59, a current ratio of 3.27 and a quick ratio of 5.40.

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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