Shares of Hannan Metals Ltd. (CVE:HAN – Get Free Report) fell 21.5% during mid-day trading on Thursday . The stock traded as low as C$0.84 and last traded at C$0.84. 460,016 shares changed 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 Price Performance
The company’s 50-day simple moving average is C$1.21 and its 200 day simple moving average is C$0.89. The firm has a market cap of C$99.34 million, a P/E ratio of -17.55 and a beta of 0.48.
Hannan Metals Company Profile
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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