Shares of First Andes Silver Ltd. (CVE:FAS – Get Free Report) shot up 33.3% during mid-day trading on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. 108,000 shares were traded during trading, an increase of 63% from the average session volume of 66,071 shares. The stock had previously closed at C$0.06.
First Andes Silver Stock Up 33.3 %
The business’s 50 day moving average is C$0.06 and its 200 day moving average is C$0.07. The company has a market cap of C$2.65 million, a P/E ratio of -0.57 and a beta of 1.65.
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.
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