First Andes Silver Ltd. (CVE:FAS – Get Free Report) dropped 13.6% on Wednesday . The company traded as low as C$0.19 and last traded at C$0.19. Approximately 1,247,587 shares were traded during trading, an increase of 77% from the average daily volume of 704,848 shares. The stock had previously closed at C$0.22.
First Andes Silver Trading Up 11.8%
The company has a market capitalization of C$12.91 million, a price-to-earnings ratio of -19.00 and a beta of 1.34. The stock has a 50-day simple moving average of C$0.12 and a 200-day simple moving average of 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.
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