First Andes Silver (CVE:FAS) Stock Price Up 28.6% – Here’s What Happened

First Andes Silver Ltd. (CVE:FAS)’s share price traded up 28.6% during trading on Wednesday . The stock traded as high as C$0.09 and last traded at C$0.09. 245,000 shares changed hands during mid-day trading, an increase of 235% from the average session volume of 73,058 shares. The stock had previously closed at C$0.07.

First Andes Silver Price Performance

The firm has a market cap of C$2.99 million, a price-to-earnings ratio of -0.64 and a beta of 1.65. The stock has a 50-day moving average of C$0.05 and a 200-day moving average of C$0.07.

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.