We consider a stochastic model of population dynamics where each individual is characterised by a trait in {0, 1, ..., L} and has a natural reproduction rate, a logistic death rate due to age or competition, and a probability of mutation towards neighbouring traits at each reproduction event. We choose parameters such that the induced fitness landscape exhibits a valley: mutant individuals with negative fitness have to be created in order for the population to reach a trait with positive fitness. We focus on the limit of large population and rare mutations at several speeds. In particular, when the mutation rate is low enough, metastability occurs: the exit time of the valley is an exponentially distributed random variable.2010 Mathematics Subject Classification. 92D25, 60J80, 60J27, 92D15, 60F15, 37N25.