Andean Precious Metals (TSE:APM) Rating Increased to Moderate Buy at Desjardins

Desjardins upgraded shares of Andean Precious Metals (TSE:APM) to a moderate buy rating in a report published on Tuesday morning,Zacks.com reports.

Andean Precious Metals Trading Down 4.0%

Shares of Andean Precious Metals stock opened at C$10.40 on Tuesday. Andean Precious Metals has a 1 year low of C$1.22 and a 1 year high of C$12.55. The company’s fifty day simple moving average is C$9.58 and its 200-day simple moving average is C$7.35. The company has a market cap of C$1.55 billion, a price-to-earnings ratio of 20.39 and a beta of 1.95.

About Andean Precious Metals

Andean is a growing precious metals producer focused on expanding into top-tier jurisdictions in the Americas. The Company owns and operates the San Bartolome processing facility in Potosí, Bolivia and the Golden Queen mine in Kern County, California, and is well-funded to act on future growth opportunities. Andean’s leadership team is committed to creating value; fostering safe, sustainable and responsible operations; and achieving our ambition to be a multi-asset, mid-tier precious metals producer.