First Andes Silver (CVE:FAS) Sets New 12-Month High – Here’s Why

First Andes Silver Ltd. (CVE:FAS)’s share price reached a new 52-week high on Monday . The stock traded as high as C$0.17 and last traded at C$0.17, with a volume of 98646 shares changing hands. The stock had previously closed at C$0.17.

First Andes Silver Price Performance

The business has a 50 day simple moving average of C$0.10 and a 200 day simple moving average of C$0.10. The company has a market capitalization of C$11.21 million, a price-to-earnings ratio of -16.50 and a beta of 1.34.

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.