Free Trial

Hannan Metals (CVE:HAN) Trading Down 22.8% - Time to Sell?

Hannan Metals logo with Basic Materials background

Key Points

  • Hannan Metals Ltd.'s stock price fell by 22.8%, closing at C$0.61 after trading as low as C$0.57.
  • During trading, approximately 634,579 shares changed hands, representing a 454% increase from the average daily volume.
  • The company focuses on exploring mineral properties in Ireland and Peru, with its flagship project being the San Martin project covering 65,600 hectares in Peru.
  • Looking to export and analyze Hannan Metals data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Hannan Metals Ltd. (CVE:HAN - Get Free Report) shares traded down 22.8% on Wednesday . The company traded as low as C$0.57 and last traded at C$0.61. 634,579 shares traded hands during mid-day trading, an increase of 454% from the average session volume of 114,569 shares. The stock had previously closed at C$0.79.

Hannan Metals Price Performance

The firm's 50 day moving average price is C$0.91 and its 200-day moving average price is C$1.05. The stock has a market cap of C$92.49 million, a P/E ratio of -74.00 and a beta of 0.39.

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.

Featured Articles

Should You Invest $1,000 in Hannan Metals Right Now?

Before you consider Hannan Metals, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hannan Metals wasn't on the list.

While Hannan Metals currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 Hot Stocks to Buy Now: September’s Top Picks With Major Momentum
$15 Billion for Cybersecurity: The Government’s Next Big Push
Tesla’s Future Unleashed: Elon’s Robotics Move Changes Everything

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines