First Andes Silver (CVE:FAS) Shares Up 31.3% – Still a Buy?

First Andes Silver Ltd. (CVE:FASGet Free Report)’s stock price traded up 31.3% during mid-day trading on Monday . The company traded as high as C$0.11 and last traded at C$0.11. 1,854,404 shares were traded during trading, an increase of 597% from the average session volume of 266,241 shares. The stock had previously closed at C$0.08.

First Andes Silver Price Performance

The company has a market capitalization of C$6.80 million, a PE ratio of -10.00 and a beta of 1.93. The stock’s 50 day simple moving average is C$0.08 and its 200-day simple moving average is C$0.09.

About First Andes Silver

(Get Free Report)

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.

Further Reading

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