Shares of Hannan Metals Ltd. (CVE:HAN – Get Free Report) rose 34.7% during trading on Thursday . The company traded as high as C$0.98 and last traded at C$0.97. Approximately 457,981 shares changed hands during trading, an increase of 544% from the average daily volume of 71,158 shares. The stock had previously closed at C$0.72.
Hannan Metals Stock Up 18.8 %
The firm has a market capitalization of C$136.89 million, a PE ratio of -22.80 and a beta of 0.48. 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 50-day moving average of C$0.74 and a two-hundred day moving average of C$0.62.
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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