First Andes Silver Ltd. (CVE:FAS – Get Free Report)’s stock price dropped 18.8% during mid-day trading on Friday. The stock traded as low as C$0.07 and last traded at C$0.07. 145,700 shares changed hands during trading, a decline of 9% from the average daily volume of 160,112 shares. The stock had previously closed at C$0.08.
First Andes Silver Price Performance
The company has a 50 day moving average of C$0.08 and a 200-day moving average of C$0.10. The company has a market cap of C$5.62 million, a P/E ratio of -3.25 and a beta of 0.78.
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.
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