First Andes Silver (CVE:FAS) Stock Price Up 56.3% – Here’s Why

First Andes Silver Ltd. (CVE:FASGet Free Report) rose 56.3% on Thursday . The stock traded as high as C$0.16 and last traded at C$0.13. Approximately 4,815,313 shares traded hands during trading, an increase of 4,103% from the average daily volume of 114,577 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$0.09 and a two-hundred day moving average of C$0.07. The stock has a market capitalization of C$3.48 million, a PE ratio of -0.75 and a beta of 1.65.

About First Andes Silver

(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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