Hannan Metals (CVE:HAN) Stock Price Up 7% – Here’s Why

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

Hannan Metals Price Performance

The stock has a market cap of C$126.54 million, a price-to-earnings ratio of -22.36 and a beta of 0.48. The firm’s fifty day moving average price is C$0.88 and its two-hundred day moving average price is C$0.70.

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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