Shares of First Andes Silver Ltd. (CVE:FAS – Get Free Report) rose 16.1% during mid-day trading on Friday . The stock traded as high as C$0.18 and last traded at C$0.18. Approximately 828,242 shares traded hands during trading, an increase of 71% from the average daily volume of 485,246 shares. The stock had previously closed at C$0.16.
First Andes Silver Stock Performance
The company’s 50-day moving average price is C$0.14 and its two-hundred day moving average price is C$0.11. The stock has a market cap of C$11.56 million, a PE ratio of -8.50 and a beta of 1.64.
First Andes Silver Company Profile
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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