Shares of Hannan Metals Ltd. (CVE:HAN – Get Free Report) shot up 12.1% during trading on Friday . The company traded as high as C$0.55 and last traded at C$0.53. 474,683 shares traded hands during trading, an increase of 616% from the average session volume of 66,287 shares. The stock had previously closed at C$0.47.
Hannan Metals Price Performance
The firm has a market capitalization of C$91.23 million, a P/E ratio of -31.50 and a beta of 0.56. The firm’s fifty day moving average price is C$0.57 and its 200-day moving average price is C$0.70.
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. The company was formerly known as Mitchell Resources Ltd. and changed its name to Hannan Metals Ltd. in January 2017. Hannan Metals Ltd. is based in Vancouver, Canada.
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