First Andes Silver (CVE:FAS) Trading Down 15.9% – Time to Sell?
by Renee Jackson · The Cerbat GemFirst Andes Silver Ltd. (CVE:FAS – Get Free Report)’s share price traded down 15.9% on Wednesday . The stock traded as low as C$0.19 and last traded at C$0.19. 1,228,810 shares were traded during trading, an increase of 94% from the average session volume of 632,017 shares. The stock had previously closed at C$0.22.
First Andes Silver Price Performance
The stock has a market cap of C$11.89 million, a price-to-earnings ratio of -17.50 and a beta of 1.34. The firm has a fifty day moving average of C$0.11 and a 200 day moving average 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.