First Andes Silver (CVE:FAS) Trading 12.5% Higher – What’s Next?

First Andes Silver Ltd. (CVE:FAS)’s stock price traded up 12.5% during mid-day trading on Wednesday . The stock traded as high as C$0.14 and last traded at C$0.14. 1,946,970 shares changed hands during mid-day trading, an increase of 518% from the average session volume of 314,894 shares. The stock had previously closed at C$0.12.

First Andes Silver Trading Up 25.0%

The firm has a market cap of C$10.19 million, a price-to-earnings ratio of -15.00 and a beta of 1.34. The firm has a 50-day moving average of C$0.10 and a two-hundred day moving average of C$0.10.

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.