Hannan Metals (CVE:HAN) Trading Down 1.4% – Time to Sell?

Hannan Metals Ltd. (CVE:HAN)’s stock price was down 1.4% during trading on Wednesday . The stock traded as low as C$0.68 and last traded at C$0.69. Approximately 101,623 shares were traded during mid-day trading, an increase of 7% from the average daily volume of 95,194 shares. The stock had previously closed at C$0.70.

Hannan Metals Price Performance

The company has a market capitalization of C$99.86 million, a P/E ratio of -34.50 and a beta of 0.92. The business’s 50-day moving average price is C$0.83 and its two-hundred day moving average price is C$0.82.

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.