Shares of Hannan Metals Ltd. (CVE:HAN – Get Free Report) rose 30.2% during mid-day trading on Friday . The company traded as high as C$1.28 and last traded at C$1.25. Approximately 415,281 shares traded hands during trading, an increase of 403% from the average daily volume of 82,593 shares. The stock had previously closed at C$0.96.
Hannan Metals Price Performance
The firm has a 50 day moving average price of C$0.73 and a 200 day moving average price of C$0.61. The stock 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.
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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