First Andes Silver (CVE:FAS) Trading Up 45.8% – Still a Buy?

First Andes Silver Ltd. (CVE:FAS)’s stock price shot up 45.8% during trading on Wednesday . The stock traded as high as C$0.18 and last traded at C$0.18. 3,982,184 shares were traded during trading, an increase of 549% from the average session volume of 613,556 shares. The stock had previously closed at C$0.12.

First Andes Silver Stock Up 45.8%

The firm has a 50-day moving average price of C$0.10 and a two-hundred day moving average price of C$0.10. The firm has a market cap of C$11.89 million, a PE ratio of -17.50 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.