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Hannan Metals (CVE:HAN) Shares 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 trading on Thursday . The stock traded as low as C$0.84 and last traded at C$0.84. 460,016 shares traded hands during mid-day 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 business has a 50 day moving average price of C$1.21 and a two-hundred day moving average price of C$0.91. The company has a market cap of C$121.81 million, a P/E ratio of -21.52 and a beta of 0.48.

About Hannan Metals

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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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