First Andes Silver (CVE:FAS) Shares Up 25% – Here’s Why

First Andes Silver Ltd. (CVE:FASGet Free Report) shares were up 25% during trading on Monday . The stock traded as high as C$0.11 and last traded at C$0.10. Approximately 2,264,452 shares changed hands during mid-day trading, an increase of 731% from the average daily volume of 272,652 shares. The stock had previously closed at C$0.08.

First Andes Silver Stock Performance

The firm has a 50 day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.09. The stock has a market cap of C$6.80 million, a P/E ratio of -10.00 and a beta of 1.93.

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.

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