Shares of Hannan Metals Ltd. (CVE:HAN – Get Free Report) rose 33.3% on Thursday . The company traded as high as C$1.01 and last traded at C$0.96. Approximately 560,714 shares were traded during mid-day trading, an increase of 643% from the average daily volume of 75,475 shares. The stock had previously closed at C$0.72.
Hannan Metals Stock Performance
The business’s fifty day moving average is C$0.74 and its two-hundred day moving average is C$0.62. The company has a quick ratio of 5.40, a current ratio of 3.27 and a debt-to-equity ratio of 3.59. 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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