First Andes Silver (CVE:FAS) Stock Price Up 4.2% – Here’s Why

First Andes Silver Ltd. (CVE:FAS)’s stock price was up 4.2% on Tuesday . The stock traded as high as C$0.13 and last traded at C$0.13. Approximately 78,700 shares traded hands during trading, a decline of 71% from the average daily volume of 272,688 shares. The stock had previously closed at C$0.12.

First Andes Silver Stock Performance

The company has a market cap of C$9.51 million, a price-to-earnings ratio of -14.00 and a beta of 1.36. The business’s 50 day simple moving average is C$0.09 and its 200-day simple moving average is C$0.10.

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.