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Hannan Metals (CVE:HAN) Trading Down 6.1% - Here's What Happened

Hannan Metals logo with Basic Materials background

Shares of Hannan Metals Ltd. (CVE:HAN - Get Free Report) 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 Stock Performance

The stock's fifty day moving average is C$1.04 and its two-hundred day moving average is C$1.04. The firm has a market cap of C$108.80 million, a price-to-earnings ratio of -19.22 and a beta of 0.48.

Hannan Metals Company Profile

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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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