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Hannan Metals (CVE:HAN) Trading Up 6.6% - Still a Buy?

Hannan Metals logo with Basic Materials background

Hannan Metals Ltd. (CVE:HAN - Get Free Report)'s stock price shot up 6.6% during mid-day trading on Wednesday . The stock traded as high as C$0.83 and last traded at C$0.81. 135,368 shares were traded during mid-day trading, an increase of 25% from the average session volume of 108,170 shares. The stock had previously closed at C$0.76.

Hannan Metals Price Performance

The company's 50-day simple moving average is C$0.84 and its 200-day simple moving average is C$1.03. The company has a market cap of C$105.84 million, a price-to-earnings ratio of -40.50 and a beta of 0.66.

Hannan Metals Company Profile

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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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