First Andes Silver (CVE:FAS) Trading 29.2% Higher – Still a Buy?

First Andes Silver Ltd. (CVE:FAS – Get Free Report)’s stock price rose 29.2% during mid-day trading on Wednesday . The company traded as high as C$0.16 and last traded at C$0.16. Approximately 3,920,184 shares were traded during mid-day trading, an increase of 552% from the average daily volume of 601,445 shares. The stock had previously closed at C$0.12.

First Andes Silver Trading Up 45.8%

The firm’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$11.89 million, a PE ratio of -17.50 and a beta of 1.34.

First Andes Silver Company Profile

(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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