First Andes Silver (CVE:FAS) Shares Down 25%

First Andes Silver Ltd. (CVE:FAS) traded down 25% during trading on Monday . The company traded as low as C$0.10 and last traded at C$0.11. 116,510 shares traded hands during mid-day trading, an increase of 625% from the average session volume of 16,078 shares. The stock had previously closed at C$0.14.

First Andes Silver Stock Performance

The stock’s 50-day moving average price is C$0.19.

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.