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

Hannan Metals logo with Basic Materials background

Hannan Metals Ltd. (CVE:HAN - Get Free Report)'s share price dropped 21.5% on Wednesday . The stock traded as low as C$0.84 and last traded at C$0.84. Approximately 460,016 shares traded 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 Price Performance

The stock has a 50-day moving average price of C$1.21 and a 200-day moving average price of C$0.91. The firm has a market capitalization of C$121.81 million, a PE ratio of -21.52 and a beta of 0.48.

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.

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