First Andes Silver (CVE:FAS) Shares Down 27.3% – Here’s What Happened

First Andes Silver Ltd. (CVE:FAS) shares were down 27.3% during trading on Tuesday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 653,000 shares changed hands during trading, an increase of 1,838% from the average daily volume of 33,703 shares. The stock had previously closed at C$0.06.

First Andes Silver Stock Down 27.3 %

The company has a market cap of C$1.33 million, a PE ratio of -0.29 and a beta of 1.65. The stock has a 50-day moving average of C$0.08 and a 200-day moving average of C$0.11.

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.