First Andes Silver Ltd. (CVE:FAS – Get Free Report) shares fell 20.5% during mid-day trading on Wednesday . The stock traded as low as C$0.18 and last traded at C$0.18. 1,648,219 shares traded hands during trading, an increase of 124% from the average session volume of 734,806 shares. The stock had previously closed at C$0.22.
First Andes Silver Stock Performance
The firm has a fifty day moving average price of C$0.11 and a 200 day moving average price of C$0.10. The company has a market cap of C$11.89 million, a price-to-earnings ratio of -17.50 and a beta of 1.34.
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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