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Hannan Metals (CVE:HAN) Stock Price Down 21.5% - Here's Why

Hannan Metals logo with Basic Materials background

Hannan Metals Ltd. (CVE:HAN - Get Free Report)'s share price was down 21.5% on Wednesday . The company traded as low as C$0.84 and last traded at C$0.84. Approximately 460,016 shares were traded 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 business's 50 day moving average is C$1.21 and its 200 day moving average is C$0.90. The stock has a market cap of C$113.53 million, a price-to-earnings ratio of -20.06 and a beta of 0.48.

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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