Shares of Hannan Metals Ltd. (CVE:HAN – Get Free Report) fell 21.5% on Thursday . The company traded as low as C$0.84 and last traded at C$0.84. 460,016 shares were traded 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 Stock Performance
The stock has a market capitalization of C$99.34 million, a P/E ratio of -17.55 and a beta of 0.48. The stock has a 50-day moving average price of C$1.21 and a two-hundred day moving average price of C$0.89.
About Hannan Metals
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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