First Andes Silver (CVE:FAS) Shares Up 15.2% – What’s Next?
by Scott Moore · The Cerbat GemFirst Andes Silver Ltd. (CVE:FAS – Get Free Report)’s stock price shot up 15.2% during mid-day trading on Tuesday . The stock traded as high as C$0.19 and last traded at C$0.19. 114,750 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 629,944 shares. The stock had previously closed at C$0.17.
First Andes Silver Price Performance
The firm has a market capitalization of C$14.95 million, a price-to-earnings ratio of -22.00 and a beta of 1.34. The business’s 50-day moving average price is C$0.11 and its 200 day moving average price is C$0.10.
About First Andes Silver
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.