Shares of Hannan Metals Ltd. (CVE:HAN – Get Free Report) rose 16.7% during trading on Friday . The stock traded as high as C$1.29 and last traded at C$1.12. Approximately 509,267 shares traded hands during trading, an increase of 463% from the average daily volume of 90,504 shares. The stock had previously closed at C$0.96.
Hannan Metals Stock Performance
The stock has a 50 day moving average price of C$0.73 and a two-hundred day moving average price of C$0.61. The company has a market capitalization of C$136.89 million, a price-to-earnings ratio of -22.80 and a beta of 0.48. The company has a debt-to-equity ratio of 3.59, a current ratio of 3.27 and a quick ratio of 5.40.
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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