First Andes Silver (CVE:FAS) Shares Up 25% – Here’s What Happened

First Andes Silver Ltd. (CVE:FASGet Free Report) was up 25% during mid-day trading on Monday . The stock traded as high as C$0.11 and last traded at C$0.10. Approximately 2,238,656 shares were traded during mid-day trading, an increase of 722% from the average daily volume of 272,439 shares. The stock had previously closed at C$0.08.

First Andes Silver Price Performance

The firm’s fifty day moving average price is C$0.08 and its 200-day moving average price is C$0.09. The company has a market cap of C$6.80 million, a price-to-earnings ratio of -10.00 and a beta of 1.93.

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.

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