Shares of Hannan Metals Ltd. (CVE:HAN – Get Free Report) fell 11.5% during trading on Thursday . The company traded as low as C$0.69 and last traded at C$0.69. Approximately 169,340 shares traded hands during mid-day 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 Price Performance
The firm has a market cap of C$102.82 million, a P/E ratio of -35.50 and a beta of 0.24. The company’s 50-day moving average is C$0.77 and its two-hundred day moving average is C$0.66.
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. 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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