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Hannan Metals Ltd
(HAN)
Hannan Metals Ltd (HAN) vs. S&P 500 (SPY)
Hannan Metals Ltd Business Overview & Revenue Model
Hannan Metals Ltd Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| -6.01K | -5.12K | -4.51K | -6.50K | -15.99K | 0.00 | EBIT |
| -728.38K | -1.71M | -1.48M | -897.80K | -1.52M | -1.15M | EBITDA |
| -1.75M | -1.71M | -1.70M | -874.57K | -1.58M | 0.00 | Net Income Common Stockholders |
| -5.66M | -5.71M | -1.70M | -881.07K | -1.59M | -1.16M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 2.58M | 945.44K | 3.32M | 2.38M | 1.80M | 1.69M | Total Assets |
| 10.22M | 6.88M | 11.70M | 8.34M | 7.25M | 6.45M | Total Debt |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 214.85K | Net Debt |
| -2.58M | -945.44K | -3.32M | -2.38M | -1.80M | -1.48M | Total Liabilities |
| 316.57K | 325.16K | 347.54K | 283.54K | 237.98K | 469.48K | Stockholders Equity |
| 9.91M | 6.55M | 11.35M | 8.06M | 7.01M | 5.98M |
| Cash Flow | Free Cash Flow | ||||
| -2.93M | -2.44M | -3.38M | -1.28M | -2.06M | -1.09M | Operating Cash Flow |
| -948.08K | -860.08K | -826.49K | -727.03K | -1.35M | -634.83K | Investing Cash Flow |
| -2.14M | -1.58M | -2.55M | -548.63K | -712.14K | -456.58K | Financing Cash Flow |
| 3.79M | 69.13K | 4.32M | 1.85M | 2.17M | 2.41M |
Hannan Metals Ltd Technical Analysis
Hannan Metals Ltd Peers Comparison
Hannan Metals Ltd Corporate Events
Hannan Metals Limited has announced the acceleration of the expiry date for its outstanding share purchase warrants, originally issued in May 2023. This decision follows the company’s share price meeting the required threshold on the TSX Venture Exchange, allowing the company to potentially raise approximately C$1.1 million if all warrants are exercised. The additional capital is strategically timed to support upcoming drilling programs in Peru and Chile, as well as ongoing exploration efforts, without diluting the existing shareholder base.
Hannan Metals Ltd. has been recognized as one of the Top 50 mining companies on the TSX Venture Exchange in 2025, highlighting its strong performance in market capitalization, share price appreciation, and trading volume. This recognition emphasizes the strategic importance of Canadian natural resources and reflects the company’s commitment to discovering large copper and gold mineralizing systems in Peru, showcasing Hannan’s potential to scale its operations and contribute to a secure future.
Hannan Metals Ltd has received the Authorization for Exploration Activities permit from the Ministry of Mines in Peru for its Valiente copper-gold project, marking a significant step forward in its drilling efforts at the Belen prospect. The permit allows the company to initiate access work for its maiden drill program, targeting three key areas: Ricardo Herrera, Vista Alegre, and Sortilegio, which together demonstrate the vast scale of the mineralized system. With 40 permitted drill platforms, Hannan is well-positioned to systematically explore these targets, with drilling expected to start in Q2 2025, pending final approvals. This development not only advances Hannan’s exploration capabilities but also underscores its commitment to tapping into Peru’s rich mineral resources.
Hannan Metals Ltd announced a significant discovery of high-grade gold mineralization at its 100%-owned Previsto project in Peru. The channel sampling revealed 69.1 meters at 2.4 g/t gold, including 26.0 meters at 5.4 g/t gold, within a large 6 km x 6 km epithermal-porphyry cluster. This discovery indicates the potential for a major new mineral district, adding to Hannan’s strategic positioning in the 150 km long Valiente gold-copper project. With drill permits secured and plans for further drilling in Q2 2025, the company is methodically advancing its exploration efforts to exploit the district-scale opportunity.
Hannan Metals Limited has announced a new marketing contract with Resource Stock Digest to enhance its promotional activities. This agreement, pending approval from the TSX Venture Exchange, involves a three-month program for a fee of US$125,000, aiming to boost Hannan’s visibility and engagement with stakeholders through strategic marketing efforts.
Hannan Metals Ltd has announced the discovery of a significant 1.2 km chargeability anomaly at the Sortilegio copper-gold porphyry prospect within its Valiente project in Peru. This discovery is a major milestone for the company, indicating potential for large-scale mineralization similar to global gold-rich and copper-bearing systems. The Sortilegio prospect, part of Hannan’s expanding Belen mineral district, shows promise with approved drill platforms and plans to commence drilling in Q2 2025. This development strategically enhances the company’s position within the copper-gold mining sector, potentially impacting its future operations and stakeholder interests.
Hannan Metals has identified a significant geophysical anomaly at its Ricardo Herrera copper-gold project in Peru, indicating a promising site for future drilling. The discovery includes a large chargeability anomaly and extensive surface mineralization, suggesting a potentially vast mineralized system. The company plans to begin drilling in Q2 2025, highlighting a strong opportunity for investors interested in the mining sector.