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Hannan Metals (TSE:HAN)
:HAN

Hannan Metals Ltd (HAN) AI Stock Analysis

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Hannan Metals Ltd

(HAN)

58Neutral
Hannan Metals Ltd's overall score reflects a mix of strengths and challenges. The company's strong technical momentum and promising corporate developments provide potential upside. However, financial challenges, including no revenue and negative cash flows, remain significant concerns. Unattractive valuation metrics further temper the stock's attractiveness.

Hannan Metals Ltd (HAN) vs. S&P 500 (SPY)

Hannan Metals Ltd Business Overview & Revenue Model

Company DescriptionHannan Metals Ltd (HAN) is a mineral exploration company focused on the discovery and development of mineral projects in Peru and Ireland. The company primarily explores for copper, silver, and base metal deposits. By leveraging extensive geological expertise and employing advanced exploration techniques, Hannan Metals aims to identify and develop high-quality mineral assets that can contribute to the global demand for metals.
How the Company Makes MoneyHannan Metals Ltd generates revenue through the exploration and potential development of mineral resources, specifically focusing on copper and silver deposits. The company seeks to increase the value of its mineral assets by conducting extensive exploration activities to define resource estimates, which can then attract investment or lead to joint venture opportunities with larger mining companies. These partnerships or potential future sales of developed mining sites contribute significantly to Hannan's revenue model. Additionally, the company may engage in equity financing to fund its ongoing exploration activities.

Hannan Metals Ltd Financial Statement Overview

Summary
The company faces significant financial challenges with no revenue generation and increasing losses. Despite having a strong equity base and no debt, financial sustainability is questionable due to negative cash flows and reliance on external financing.
Income Statement
5
Very Negative
Hannan Metals Ltd has consistently reported no revenue over the analyzed periods, indicating a lack of operational income generation. The company has been experiencing increasing net losses, with a significant negative net income in the TTM period. Profit margins such as EBIT and EBITDA are negative, reflecting financial instability and operational inefficiencies.
Balance Sheet
65
Positive
The company maintains a strong equity position with no debt, resulting in a favorable debt-to-equity ratio of zero. This indicates financial prudence and stability. However, the continuous decline in stockholders' equity and total assets highlights a potential erosion of financial resources. The equity ratio is healthy, suggesting that most assets are financed by shareholders' equity.
Cash Flow
40
Negative
Hannan Metals Ltd's cash flow statement reveals consistent negative free cash flow, indicating challenges in generating cash from operations. However, the company appears to rely on financing activities for liquidity, as seen by the positive financing cash flow. The operating cash flow to net income ratio is unfavorable, showing inefficiencies in converting net income into cash.
Breakdown
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
0.000.000.000.000.00
Gross Profit
-5.12K-4.51K-6.50K-15.99K0.00
EBIT
-1.71M-1.48M-897.80K-1.52M-1.15M
EBITDA
-1.71M-1.70M-874.57K-1.58M0.00
Net Income Common Stockholders
-5.71M-1.70M-881.07K-1.59M-1.16M
Balance SheetCash, Cash Equivalents and Short-Term Investments
945.44K3.32M2.38M1.80M1.69M
Total Assets
6.88M11.70M8.34M7.25M6.45M
Total Debt
0.000.000.000.00214.85K
Net Debt
-945.44K-3.32M-2.38M-1.80M-1.48M
Total Liabilities
325.16K347.54K283.54K237.98K469.48K
Stockholders Equity
6.55M11.35M8.06M7.01M5.98M
Cash FlowFree Cash Flow
-2.44M-3.38M-1.28M-2.06M-1.09M
Operating Cash Flow
-860.08K-826.49K-727.03K-1.35M-634.83K
Investing Cash Flow
-1.58M-2.55M-548.63K-712.14K-456.58K
Financing Cash Flow
69.13K4.32M1.85M2.17M2.41M

Hannan Metals Ltd Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1.48
Price Trends
50DMA
1.08
Positive
100DMA
0.91
Positive
200DMA
0.73
Positive
Market Momentum
MACD
0.07
Positive
RSI
52.29
Neutral
STOCH
47.66
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:HAN, the sentiment is Positive. The current price of 1.48 is above the 20-day moving average (MA) of 1.27, above the 50-day MA of 1.08, and above the 200-day MA of 0.73, indicating a neutral trend. The MACD of 0.07 indicates Positive momentum. The RSI at 52.29 is Neutral, neither overbought nor oversold. The STOCH value of 47.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:HAN.

Hannan Metals Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (49)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSHAN
58
Neutral
C$184.79M-21.11%74.47%
49
Neutral
$1.95B-1.59-21.99%3.77%0.61%-27.45%
TSCNC
47
Neutral
$184.83M-0.58%91.44%
TSTK
42
Neutral
C$16.35M-1.26%35.14%
TSCDB
32
Underperform
C$62.36M-110.18%29.90%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:HAN
Hannan Metals Ltd
1.48
1.07
260.98%
TSE:CDB
Cordoba Minerals
0.70
0.23
48.94%
TSE:TK
Tinka Resources
0.04
-0.09
-69.23%
TSE:CNC
Canada Nickel Company
0.96
-0.53
-35.57%

Hannan Metals Ltd Corporate Events

Business Operations and Strategy
Hannan Metals Gains Approval for Belen Prospect Drilling in Peru
Positive
Apr 17, 2025

Hannan Metals Limited has received governmental approval to commence drill pad construction at its Belen prospect within the Valiente copper-gold project in Peru. This marks a significant milestone as the company prepares for its maiden drill program, aiming to explore extensive porphyry copper-gold and epithermal gold mineral systems. The project will utilize up to 40 platforms across three key prospects, potentially enhancing Hannan’s industry positioning and stakeholder value.

Spark’s Take on TSE:HAN Stock

According to Spark, TipRanks’ AI Analyst, TSE:HAN is a Neutral.

Hannan Metals Ltd.’s overall score of 58 reflects its strong technical momentum and promising corporate developments, tempered by financial challenges and unattractive valuation metrics. The company’s strategic advancements in exploration offer potential upside, but financial sustainability remains a concern.

To see Spark’s full report on TSE:HAN stock, click here.

Business Operations and Strategy
Hannan Metals Extends High-Grade Gold Mineralization at Previsto, Peru
Positive
Apr 7, 2025

Hannan Metals Ltd has reported an extension of high-grade gold mineralization at its Previsto project in Peru, indicating the potential for a major new mineral district. The expanded mineralized footprint now covers an area of 200 m × 130 m and remains open in all directions, with new high-grade channels identified. This discovery, alongside the identification of nearby copper mineralization, enhances Hannan’s strategic positioning within the Valiente mineral belt. The company is systematically exploring this emerging mineral belt, with plans to commence drilling at Belen in Q2 2025, aiming to derisk and develop multiple targets across the 150 km long project.

Spark’s Take on TSE:HAN Stock

According to Spark, TipRanks’ AI Analyst, TSE:HAN is a Neutral.

Hannan Metals Ltd’s overall score of 58 reflects its strong technical momentum and promising corporate developments, which are tempered by financial challenges and unattractive valuation metrics. The company’s strategic advancements in exploration and its strong technical position provide potential upside, but financial sustainability remains a concern.

To see Spark’s full report on TSE:HAN stock, click here.

Business Operations and Strategy
Hannan Metals Expands Copper-Gold Potential at Previsto Project in Peru
Positive
Mar 20, 2025

Hannan Metals Ltd has identified a substantial copper porphyry target at its Previsto project in Peru, expanding the project’s potential. Systematic channel sampling has confirmed 750 meters of continuous copper mineralization with widths up to 192 meters, located near a previously identified high-grade gold zone. The discovery highlights the district-scale potential of the area, with the mineralization remaining open for further exploration. This development positions Hannan as a key player in the emerging mineral belt, with ongoing efforts to expand both gold and copper resources and prepare for a drill program at another site.

Private Placements and FinancingBusiness Operations and Strategy
Hannan Metals Accelerates Warrant Expiry to Boost Capital for Exploration
Positive
Mar 17, 2025

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.

Delistings and Listing ChangesBusiness Operations and Strategy
Hannan Metals Ltd. Joins TSX Venture’s Top 50 Mining Companies for 2025
Positive
Feb 21, 2025

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.

Business Operations and Strategy
Hannan Metals Secures Key Permit for Valiente Copper-Gold Drilling in Peru
Positive
Feb 13, 2025

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.

Business Operations and Strategy
Hannan Metals Unveils High-Grade Gold Discovery in Peru
Positive
Feb 6, 2025

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.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.