First Andes Silver (CVE:FAS) Stock Price Up 25% – Here’s What Happened

First Andes Silver Ltd. (CVE:FAS) shares rose 25% during trading on Monday . The stock traded as high as C$0.11 and last traded at C$0.10. Approximately 2,264,452 shares changed hands during mid-day 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 Stock Up 25.0%

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 business has a fifty day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.09.

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.