First Andes Silver (CVE:FAS) Stock Price Down 10.3% – Here’s What Happened

Shares of First Andes Silver Ltd. (CVE:FAS) were down 10.3% during mid-day trading on Friday . The company traded as low as C$0.13 and last traded at C$0.13. Approximately 423,820 shares were traded during mid-day trading, an increase of 9% from the average daily volume of 387,669 shares. The stock had previously closed at C$0.15.

First Andes Silver Stock Down 13.8%

The company has a market cap of C$8.50 million, a P/E ratio of -6.25 and a beta of 1.47. The company has a fifty day moving average of C$0.16 and a 200 day moving average of C$0.11.

First Andes Silver Company Profile

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.