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Hannan Metals (CVE:HAN) Trading Down 21.5% - Here's What Happened

Hannan Metals logo with Basic Materials background

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

Hannan Metals Stock Performance

The stock has a fifty day moving average of C$1.21 and a 200-day moving average of C$0.90. The company has a market cap of C$113.53 million, a PE ratio of -20.06 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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