First Andes Silver (CVE:FAS) Stock Price Up 69.7% – Here’s Why
by Danessa Lincoln · The Markets DailyFirst Andes Silver Ltd. (CVE:FAS – Get Free Report)’s stock price rose 69.7% during trading on Tuesday . The company traded as high as C$0.28 and last traded at C$0.28. Approximately 186,250 shares changed hands during mid-day trading, a decline of 70% from the average daily volume of 629,944 shares. The stock had previously closed at C$0.17.
First Andes Silver Trading Down 2.9%
The firm has a market capitalization of C$11.55 million, a price-to-earnings ratio of -17.00 and a beta of 1.34. The stock’s fifty day moving average price is C$0.11 and its two-hundred 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.