Hannan Metals (CVE:HAN) Shares Down 3.2% – What’s Next?

by · The Cerbat Gem

Hannan Metals Ltd. (CVE:HAN – Get Free Report) dropped 3.2% during mid-day trading on Friday . The stock traded as low as C$0.90 and last traded at C$0.91. Approximately 52,156 shares were traded during trading, a decline of 49% from the average daily volume of 101,882 shares. The stock had previously closed at C$0.94.

Hannan Metals Stock Performance

The company has a market cap of C$127.45 million, a P/E ratio of -45.50 and a beta of 0.82. The business has a fifty day simple moving average of C$0.80 and a 200 day simple moving average of C$0.89.

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.

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