Hannan Metals (CVE:HAN) Trading 33.3% Higher – Should You Buy?

Hannan Metals Ltd. (CVE:HANGet Free Report)’s stock price 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 Stock Up 33.3 %

The company has a debt-to-equity ratio of 3.59, a current ratio of 3.27 and a quick ratio of 5.40. The firm has a 50 day simple moving average of C$0.72 and a 200-day simple moving average of C$0.61. The stock 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

(Get Free Report)

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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