Shares of Hannan Metals Ltd. (CVE:HAN – Get Free Report) were up 16.7% on Friday . The stock traded as high as C$1.29 and last traded at C$1.12. Approximately 509,267 shares traded hands during mid-day trading, an increase of 463% from the average daily volume of 90,504 shares. The stock had previously closed at C$0.96.
Hannan Metals Stock Performance
The company has a current ratio of 3.27, a quick ratio of 5.40 and a debt-to-equity ratio of 3.59. The firm has a market capitalization of C$136.89 million, a price-to-earnings ratio of -22.80 and a beta of 0.48. The stock has a fifty day moving average price of C$0.73 and a 200-day moving average price 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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