First Andes Silver (CVE:FAS) Trading Up 15% – Here’s Why

by · The Cerbat Gem

First Andes Silver Ltd. (CVE:FAS – Get Free Report) shares were up 15% on Monday . The company traded as high as C$0.12 and last traded at C$0.12. Approximately 113,500 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 338,849 shares. The stock had previously closed at C$0.10.

First Andes Silver Stock Performance

The stock has a market cap of C$7.82 million, a PE ratio of -5.75 and a beta of 1.99. The company’s 50 day simple moving average is C$0.14 and its 200 day simple moving average is C$0.11.

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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