Shares of Hannan Metals Ltd. (CVE:HAN – Get Free Report) were up 33.3% on Friday . The company traded as high as C$1.01 and last traded at C$0.96. Approximately 560,714 shares traded hands during mid-day trading, an increase of 642% from the average daily volume of 75,552 shares. The stock had previously closed at C$0.72.
Hannan Metals Stock Performance
The company has a market cap of C$115.28 million, a price-to-earnings ratio of -19.20 and a beta of 0.48. The firm’s 50 day simple moving average is C$0.72 and its 200-day simple moving average is C$0.61. The company has a debt-to-equity ratio of 3.59, a quick ratio of 5.40 and a current ratio of 3.27.
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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