First Andes Silver (CVE:FAS) Trading Down 14.3% – Should You Sell?

First Andes Silver Ltd. (CVE:FAS)’s share price traded down 14.3% during trading on Thursday . The stock traded as low as C$0.15 and last traded at C$0.15. 747,267 shares were traded during mid-day trading, an increase of 14% from the average session volume of 658,213 shares. The stock had previously closed at C$0.18.

First Andes Silver Stock Up 3.1%

The firm has a market capitalization of C$11.21 million, a PE ratio of -16.50 and a beta of 1.34. The stock has a 50-day simple moving average of C$0.10 and a 200-day simple moving average of C$0.10.

First Andes Silver Company Profile

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. and changed its name to First Andes Silver Ltd. in April 2024. First Andes Silver Ltd. is headquartered in Vancouver, Canada.