Shares of Hannan Metals Ltd. (CVE:HAN – Get Free Report) dropped 3.9% during mid-day trading on Thursday . The company traded as low as C$0.70 and last traded at C$0.74. Approximately 93,163 shares traded hands during mid-day trading, a decline of 11% from the average daily volume of 104,834 shares. The stock had previously closed at C$0.77.
Hannan Metals Price Performance
The stock has a market cap of C$96.70 million, a price-to-earnings ratio of -37.00 and a beta of 0.71. The firm has a fifty day moving average of C$0.79 and a 200 day moving average of C$0.92.
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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