Hannan Metals (CVE:HAN) Trading Down 2.1% – Should You Sell?

Hannan Metals Ltd. (CVE:HAN)’s share price traded down 2.1% during mid-day trading on Friday . The stock traded as low as C$0.45 and last traded at C$0.47. 32,969 shares traded hands during mid-day 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 company’s fifty day moving average price is C$0.56 and its 200-day moving average price is C$0.50. The stock has a market cap of C$56.44 million, a P/E ratio of -9.40 and a beta of 0.48. The company has a debt-to-equity ratio of 3.59, a quick ratio of 5.40 and a current ratio of 3.27.

About Hannan Metals

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.