Andean Precious Metals (TSE:APM) Trading Down 9.3% – Here’s Why

Andean Precious Metals Corp. (TSE:APM)’s share price traded down 9.3% during trading on Wednesday . The stock traded as low as C$6.36 and last traded at C$6.80. Approximately 795,995 shares traded hands during mid-day trading, an increase of 57% from the average session volume of 507,383 shares. The stock had previously closed at C$7.50.

Andean Precious Metals Stock Performance

The company has a market cap of C$1.03 billion, a price-to-earnings ratio of 6.86 and a beta of 2.64. The business’s 50 day moving average price is C$6.03 and its 200-day moving average price is C$7.18.

Andean Precious Metals (TSE:APM) last announced its quarterly earnings results on Wednesday, August 12th. The company reported C($0.13) EPS for the quarter. The business had revenue of C$96.10 million for the quarter.

Andean Precious Metals Company Profile

Andean is a growing precious metals producer focused on expanding into top-tier jurisdictions in the Americas. The Company owns and operates the San Bartolome processing facility in Potosí, Bolivia and the Golden Queen mine in Kern County, California, and is well-funded to act on future growth opportunities. Andean’s leadership team is committed to creating value; fostering safe, sustainable and responsible operations; and achieving our ambition to be a multi-asset, mid-tier precious metals producer.