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Hannan Metals (CVE:HAN) Trading Down 6.1% - Time to Sell?

Hannan Metals logo with Basic Materials background

Hannan Metals Ltd. (CVE:HAN - Get Free Report) shares fell 6.1% on Friday . The company traded as low as C$0.92 and last traded at C$0.93. 89,300 shares were traded during mid-day trading, a decline of 22% from the average session volume of 114,266 shares. The stock had previously closed at C$0.99.

Hannan Metals Trading Down 6.1%

The company has a fifty day moving average price of C$1.05 and a two-hundred day moving average price of C$1.03. The firm has a market capitalization of C$109.98 million, a price-to-earnings ratio of -19.43 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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