First Andes Silver (CVE:FAS) Shares Up 25% – What’s Next?

First Andes Silver Ltd. (CVE:FASGet Free Report) 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 mid-day 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 firm’s 50-day moving average price is C$0.08 and its 200 day moving average price is C$0.09. The firm has a market capitalization of C$7.48 million, a price-to-earnings ratio of -11.00 and a beta of 1.93.

About First Andes Silver

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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.

Further Reading

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