First Andes Silver (CVE:FAS) Sets New 52-Week Low – Should You Sell?

Shares of First Andes Silver Ltd. (CVE:FAS – Get Free Report) hit a new 52-week low on Wednesday. The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 113,127 shares. The stock had previously closed at C$0.07.

First Andes Silver Stock Performance

The company’s 50-day moving average price is C$0.08 and its two-hundred day moving average price is C$0.09. The company has a market cap of C$6.06 million, a P/E ratio of -3.50 and a beta of 1.13.

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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