Hannan Metals Ltd. (CVE:HAN – Get Free Report)’s share price shot up 34.7% during trading on Thursday . The stock traded as high as C$0.98 and last traded at C$0.97. 457,981 shares were traded during mid-day trading, an increase of 544% from the average session volume of 71,158 shares. The stock had previously closed at C$0.72.
Hannan Metals Price Performance
The company has a 50-day moving average of C$0.74 and a two-hundred day moving average of C$0.62. 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 stock has a market capitalization of C$136.89 million, a PE ratio of -22.80 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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