First Andes Silver (CVE:FAS) Share Price Breaks Above 50-Day Moving Average – Should You Sell?

First Andes Silver Ltd. (CVE:FAS – Get Free Report) shares crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of C$0.08 and traded as high as C$0.09. First Andes Silver shares last traded at C$0.09, with a volume of 108,917 shares traded.

First Andes Silver Stock Performance

The company has a market cap of C$7.35 million, a price-to-earnings ratio of -4.25 and a beta of 0.78. The company’s 50 day moving average price is C$0.08 and its 200 day moving average price is C$0.10.

First Andes Silver Company Profile

(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. 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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