First Andes Silver (CVE:FAS) Trading Up 25% – Still a Buy?
by Jessica Moore · The Cerbat GemFirst Andes Silver Ltd. (CVE:FAS – Get Free Report)’s stock price traded up 25% during trading on Wednesday . The company traded as high as C$0.15 and last traded at C$0.15. 2,101,653 shares changed hands during mid-day trading, an increase of 547% from the average session volume of 324,894 shares. The stock had previously closed at C$0.12.
First Andes Silver Stock Performance
The business’s fifty day moving average price is C$0.10 and its two-hundred day moving average price is C$0.10. The stock has a market capitalization of C$10.19 million, a P/E ratio of -15.00 and a beta of 1.34.
First Andes Silver Company Profile
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.