Shares of First Andes Silver Ltd. (CVE:FAS – Get Free Report) dropped 8.6% on Thursday . The stock traded as low as C$0.15 and last traded at C$0.16. Approximately 675,267 shares traded hands during mid-day trading, an increase of 10% from the average daily volume of 611,473 shares. The stock had previously closed at C$0.18.
First Andes Silver Trading Down 11.4%
The business’s fifty day moving average price is C$0.10 and its 200 day moving average price is C$0.10. The firm has a market capitalization of C$10.53 million, a price-to-earnings ratio of -15.50 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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