Shares of First Andes Silver Ltd. (CVE:FAS – Get Free Report) rose 56.3% during mid-day trading on Thursday . The company traded as high as C$0.16 and last traded at C$0.13. Approximately 4,815,313 shares changed hands during mid-day 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 market capitalization of C$3.48 million, a P/E ratio of -0.75 and a beta of 1.65. The business has a 50 day simple moving average of C$0.09 and a 200-day simple moving average of C$0.07.
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.
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