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Hannan Metals (CVE:HAN) Shares Up 2.1% - Time to Buy?

Hannan Metals logo with Basic Materials background

Key Points

  • Hannan Metals Ltd. shares increased by 2.1% on Friday, trading at C$0.98, despite a significant drop in trading volume of 54% compared to the average.
  • The company has a market cap of C$115.90 million and a PE ratio of -20.48, reflecting its current financial landscape as a junior mineral exploration company.
  • Hannan Metals focuses on exploring mineral properties in Ireland and Peru, with its flagship project being the 100% owned San Martin project located in Peru.
  • Need better tools to track Hannan Metals? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Hannan Metals Ltd. (CVE:HAN - Get Free Report)'s stock price shot up 2.1% on Friday . The company traded as high as C$0.99 and last traded at C$0.98. 51,119 shares traded hands during mid-day trading, a decline of 54% from the average session volume of 112,265 shares. The stock had previously closed at C$0.96.

Hannan Metals Stock Down 1.0%

The company has a market cap of C$121.81 million, a price-to-earnings ratio of -21.52 and a beta of 0.48. The business has a 50-day simple moving average of C$0.99 and a two-hundred day simple moving average of C$1.06.

Hannan Metals Company Profile

(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.

See Also

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