Hannan Metals Ltd. (CVE:HAN – Get Free Report) shot up 33.3% on Thursday . The company traded as high as C$1.01 and last traded at C$0.96. 560,714 shares were traded during mid-day trading, an increase of 643% from the average session volume of 75,475 shares. The stock had previously closed at C$0.72.
Hannan Metals Price Performance
The company has a quick ratio of 5.40, a current ratio of 3.27 and a debt-to-equity ratio of 3.59. The stock’s 50-day moving average price is C$0.72 and its 200-day moving average price is C$0.61. The company has a market capitalization of C$115.28 million, a price-to-earnings ratio of -19.20 and a beta of 0.48.
About Hannan Metals
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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