Hannan Metals (CVE:HAN) Hits New 52-Week Low – Here’s What Happened

by · The Cerbat Gem

Hannan Metals Ltd. (CVE:HAN – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.48 and last traded at C$0.48, with a volume of 43261 shares changing hands. The stock had previously closed at C$0.50.

Hannan Metals Trading Down 6.0%

The firm has a market capitalization of C$68.06 million, a price-to-earnings ratio of -23.50 and a beta of 0.56. The company’s 50 day moving average is C$0.57 and its 200-day moving average is C$0.71.

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. 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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