Shares of Hannan Metals Ltd. (CVE:HAN – Get Free Report) rose 33.3% during mid-day trading on Thursday . The stock traded as high as C$1.01 and last traded at C$0.96. Approximately 560,714 shares were traded during 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 Stock Up 18.8 %
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 company has a market cap of C$136.89 million, a P/E ratio of -22.80 and a beta of 0.48. The stock has a 50 day moving average price of C$0.74 and a 200 day moving average price of C$0.62.
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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