First Andes Silver (CVE:FAS) Trading 25% Higher – Should You Buy?

First Andes Silver Ltd. (CVE:FASGet Free Report)’s stock price traded up 25% during mid-day trading on Monday . The stock traded as high as C$0.11 and last traded at C$0.10. 2,264,452 shares were traded during trading, an increase of 731% from the average session volume of 272,652 shares. The stock had previously closed at C$0.08.

First Andes Silver Price Performance

The business has a 50-day simple moving average of C$0.08 and a 200 day simple moving average of C$0.09. The firm has a market cap of C$6.80 million, a PE ratio of -10.00 and a beta of 1.93.

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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