Hannan Metals (CVE:HAN) Trading Down 2.8% – What’s Next?

Shares of Hannan Metals Ltd. (CVE:HAN) were down 2.8% during trading on Monday . The company traded as low as C$0.70 and last traded at C$0.70. Approximately 19,100 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 43,886 shares. The stock had previously closed at C$0.72.

Hannan Metals Stock Performance

The stock has a market cap of C$84.06 million, a PE ratio of -14.00 and a beta of 0.48. The stock has a fifty day simple moving average of C$0.66 and a two-hundred day simple moving average of C$0.59. The company has a debt-to-equity ratio of 3.59, a quick ratio of 5.40 and a current ratio of 3.27.

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.