Andean Precious Metals (TSE:APM) Trading Down 12.4% – What’s Next?

Shares of Andean Precious Metals Corp. (TSE:APMGet Free Report) were down 12.4% during mid-day trading on Wednesday . The stock traded as low as C$9.86 and last traded at C$10.06. Approximately 1,066,597 shares were traded during mid-day trading, an increase of 167% from the average daily volume of 399,523 shares. The stock had previously closed at C$11.49.

Andean Precious Metals Stock Up 7.5%

The firm has a market cap of C$1.71 billion, a PE ratio of 22.55 and a beta of 1.95. The company has a 50-day simple moving average of C$9.33 and a two-hundred day simple moving average of C$7.16.

Andean Precious Metals Company Profile

(Get Free Report)

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.

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