Shares of Hannan Metals Ltd. (CVE:HAN – Get Free Report) rose 15.3% during trading on Thursday . The stock traded as high as C$0.90 and last traded at C$0.83. Approximately 150,728 shares changed hands during trading, an increase of 152% from the average daily volume of 59,783 shares. The stock had previously closed at C$0.72.
Hannan Metals Trading Up 36.1 %
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 stock’s fifty day moving average price is C$0.72 and its two-hundred day moving average price is C$0.61. The stock has a market capitalization of C$117.68 million, a P/E ratio of -19.60 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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