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Hannan Metals (CVE:HAN) Shares Down 2.1% - Here's Why

Hannan Metals logo with Basic Materials background

Hannan Metals Ltd. (CVE:HAN - Get Free Report)'s stock price fell 2.1% during trading on Friday . The company traded as low as C$0.45 and last traded at C$0.47. 32,969 shares traded hands during trading, a decline of 51% from the average session volume of 66,628 shares. The stock had previously closed at C$0.48.

Hannan Metals Stock Down 2.1 %

The business's fifty day moving average price is C$0.56 and its 200 day moving average price is C$0.50. The company has a market capitalization of C$56.44 million, a P/E ratio of -9.40 and a beta of 0.48. The company has a current ratio of 3.27, a quick ratio of 5.40 and a debt-to-equity ratio of 3.59.

Hannan Metals Company Profile

(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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