First Andes Silver (CVE:FAS) Stock Price Up 45.8% – Time to Buy?
by Michael Walen · The Markets DailyFirst Andes Silver Ltd. (CVE:FAS – Get Free Report) shares traded up 45.8% during trading on Wednesday . The company traded as high as C$0.18 and last traded at C$0.18. Approximately 3,982,184 shares changed hands during trading, an increase of 512% from the average daily volume of 650,485 shares. The stock had previously closed at C$0.12.
First Andes Silver Price Performance
The company has a market cap of C$11.89 million, a P/E ratio of -17.50 and a beta of 1.34. The stock has a fifty day moving average price of C$0.10 and a two-hundred day moving average price of 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.