Hannan Metals (CVE:HAN) Stock Price Down 11.5% – Here’s What Happened

Hannan Metals Ltd. (CVE:HANGet Free Report)’s stock price fell 11.5% during trading on Thursday . The stock traded as low as C$0.69 and last traded at C$0.69. Approximately 169,340 shares were traded during trading, an increase of 155% from the average session volume of 66,384 shares. The stock had previously closed at C$0.78.

Hannan Metals Trading Down 11.5%

The company has a market capitalization of C$99.92 million, a price-to-earnings ratio of -34.50 and a beta of 0.50. The stock’s 50 day moving average price is C$0.77 and its 200 day moving average price is C$0.66.

Hannan Metals Company Profile

(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. The company was formerly known as Mitchell Resources Ltd. and changed its name to Hannan Metals Ltd. in January 2017. Hannan Metals Ltd. is based in Vancouver, Canada.

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