First Andes Silver (CVE:FAS) Shares Up 12.5% – Time to Buy?

by · The Cerbat Gem

First Andes Silver Ltd. (CVE:FAS – Get Free Report) rose 12.5% on Wednesday . The company traded as high as C$0.14 and last traded at C$0.14. Approximately 1,946,970 shares were traded during trading, an increase of 518% from the average daily volume of 314,894 shares. The stock had previously closed at C$0.12.

First Andes Silver Trading Up 3.1%

The business has a 50-day moving average of C$0.10 and a 200 day moving average of C$0.10. The firm has a market capitalization of C$11.21 million, a P/E ratio of -16.50 and a beta of 1.34.

About First Andes Silver

(Get Free Report)

First Andes Silver Ltd., an exploration stage company, engages in the exploration of mineral properties in Peru. It explores for silver and gold properties. The company holds 100% interest in the Santas Gloria silver property covering an area of approximately 1,100 hectares located in Peru. The company was formerly known as Mantaro Precious Metals Corp. and changed its name to First Andes Silver Ltd. in April 2024. First Andes Silver Ltd. is headquartered in Vancouver, Canada.

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