Andean Precious Metals (TSE:APM) Trading 2.7% Higher – Here’s What Happened

Andean Precious Metals Corp. (TSE:APM)’s share price traded up 2.7% during mid-day trading on Thursday . The company traded as high as C$6.98 and last traded at C$6.54. 597,530 shares changed hands during mid-day trading, an increase of 1% from the average session volume of 590,965 shares. The stock had previously closed at C$6.37.

Analyst Upgrades and Downgrades

Separately, Desjardins raised shares of Andean Precious Metals to a “moderate buy” rating in a research report on Tuesday, January 27th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Andean Precious Metals currently has a consensus rating of “Buy”.

Andean Precious Metals Trading Up 0.2%

The business’s 50-day moving average is C$7.45 and its two-hundred day moving average is C$8.32. The firm has a market cap of C$981.43 million, a P/E ratio of 8.40 and a beta of 2.71.

Andean Precious Metals (TSE:APM) last announced its quarterly earnings data on Wednesday, March 25th. The company reported C$0.37 earnings per share for the quarter. The business had revenue of C$179.00 million for the quarter.

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.