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Hannan Metals (CVE:HAN) Trading Down 6.5% - Time to Sell?

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Hannan Metals Ltd. (CVE:HAN - Get Free Report) shares were down 6.5% during mid-day trading on Friday . The company traded as low as C$0.85 and last traded at C$0.86. Approximately 71,074 shares were traded during mid-day trading, a decline of 35% from the average daily volume of 108,656 shares. The stock had previously closed at C$0.92.

Hannan Metals Stock Performance

The company has a 50-day moving average of C$0.82 and a 200 day moving average of C$0.66. The firm has a market cap of C$95.79 million, a P/E ratio of -16.92 and a beta of 0.48.

About Hannan Metals

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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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