Hannan Metals (CVE:HAN) Shares Climb 1.5% – Time to Buy?

Hannan Metals Ltd. (CVE:HAN – Get Free Report)’s share price rose 1.5% during trading on Thursday. The stock traded as high as C$0.70 and last traded at C$0.69. 28,513 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 64,921 shares. The stock had previously closed at C$0.68.

Hannan Metals Price Performance

The firm has a 50-day moving average of C$0.78 and a 200-day moving average of C$0.66. The stock has a market cap of C$99.92 million, a PE ratio of -34.50 and a beta of 0.24.

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. 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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