Hannan Metals (CVE:HAN) Sets New 1-Year Low – Time to Sell?

Hannan Metals Ltd. (CVE:HANGet Free Report)’s stock price reached a new 52-week low on Thursday . The stock traded as low as C$0.53 and last traded at C$0.54, with a volume of 61899 shares changing hands. The stock had previously closed at C$0.60.

Hannan Metals Trading Down 10.0%

The firm has a market cap of C$78.15 million, a P/E ratio of -27.00 and a beta of 0.52. The business’s fifty day simple moving average is C$0.75 and its 200-day simple moving average is C$0.80.

About Hannan Metals

(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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