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Hannan Metals (CVE:HAN) Shares Down 21.5% - Time to Sell?

Hannan Metals logo with Basic Materials background

Shares of Hannan Metals Ltd. (CVE:HAN - Get Free Report) were down 21.5% during trading on Thursday . The company traded as low as C$0.84 and last traded at C$0.84. Approximately 460,016 shares changed hands during trading, an increase of 284% from the average daily volume of 119,692 shares. The stock had previously closed at C$1.07.

Hannan Metals Stock Performance

The firm has a market capitalization of C$113.53 million, a price-to-earnings ratio of -20.06 and a beta of 0.48. The business has a fifty day moving average price of C$1.21 and a 200 day moving average price of C$0.90.

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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