Hannan Metals (CVE:HAN) Sets New 1-Year High – Time to Buy?

Hannan Metals Ltd. (CVE:HANGet Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.66 and last traded at C$0.60, with a volume of 90152 shares. The stock had previously closed at C$0.61.

Hannan Metals Stock Performance

The company’s fifty day simple moving average is C$0.53 and its 200 day simple moving average is C$0.51. The stock has a market capitalization of C$73.25 million, a P/E ratio of -12.20 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.

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