First Andes Silver (CVE:FAS) Stock Price Up 45.8% – Here’s Why

by · The Cerbat Gem

Shares of First Andes Silver Ltd. (CVE:FAS – Get Free Report) rose 45.8% on Thursday . The company traded as high as C$0.18 and last traded at C$0.18. Approximately 3,982,184 shares were traded 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 Stock Up 3.1%

The stock has a market capitalization of C$11.21 million, a P/E ratio of -16.50 and a beta of 1.34. The company has a 50-day moving average price of C$0.10 and a two-hundred day moving average price of C$0.10.

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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