First Andes Silver (CVE:FAS) Shares Up 15.2% – Time to Buy?

Shares of First Andes Silver Ltd. (CVE:FAS) were up 15.2% during trading on Tuesday . The company traded as high as C$0.19 and last traded at C$0.19. Approximately 114,750 shares were traded during trading, a decline of 82% from the average daily volume of 629,944 shares. The stock had previously closed at C$0.17.

First Andes Silver Price Performance

The company has a market capitalization of C$11.55 million, a P/E ratio of -17.00 and a beta of 1.34. The company’s 50-day moving average price is C$0.11 and its two-hundred day moving average price is C$0.10.

About First Andes Silver

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.