Hannan Metals (CVE:HAN) Shares Up 31.3% – Still a Buy?

Hannan Metals Ltd. (CVE:HANGet Free Report)’s share price traded up 31.3% on Friday . The company traded as high as C$1.26 and last traded at C$1.26. 383,181 shares were traded during mid-day trading, an increase of 364% from the average session volume of 82,593 shares. The stock had previously closed at C$0.96.

Hannan Metals Trading Up 20.8 %

The company has a fifty day moving average of C$0.73 and a 200-day moving average of C$0.61. The company has a market capitalization of C$139.29 million, a price-to-earnings ratio of -23.20 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.

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.

See Also

Receive News & Ratings for Hannan Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hannan Metals and related companies with MarketBeat.com's FREE daily email newsletter.