Hannan Metals (CVE:HAN) Stock Price Down 2.8% – Time to Sell?

Hannan Metals Ltd. (CVE:HANGet Free Report)’s share price traded down 2.8% on Monday . The company traded as low as C$0.70 and last traded at C$0.70. 19,100 shares were traded during trading, a decline of 56% from the average session volume of 43,886 shares. The stock had previously closed at C$0.72.

Hannan Metals Stock Performance

The company has a debt-to-equity ratio of 3.59, a quick ratio of 5.40 and a current ratio of 3.27. The stock has a fifty day simple moving average of C$0.66 and a two-hundred day simple moving average of C$0.59. The stock has a market capitalization of C$87.66 million, a price-to-earnings ratio of -14.60 and a beta of 0.48.

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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