First Andes Silver (CVE:FAS) Trading Up 25% – Here’s Why

First Andes Silver Ltd. (CVE:FASGet Free Report) shares were 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 2,264,452 shares were traded during trading, an increase of 731% from the average daily volume of 272,652 shares. The stock had previously closed at C$0.08.

First Andes Silver Price Performance

The company has a market cap of C$6.80 million, a P/E ratio of -10.00 and a beta of 1.93. The stock has a 50-day moving average of C$0.08 and a 200 day moving average of C$0.09.

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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