First Andes Silver (CVE:FAS) Shares Up 33.3% – Should You Buy?

First Andes Silver Ltd. (CVE:FAS) shares traded up 33.3% on Tuesday . The company traded as high as C$0.08 and last traded at C$0.08. 108,000 shares were traded during mid-day trading, an increase of 63% from the average session volume of 66,071 shares. The stock had previously closed at C$0.06.

First Andes Silver Stock Up 33.3 %

The stock has a market capitalization of C$2.65 million, a price-to-earnings ratio of -0.57 and a beta of 1.65. The business has a 50-day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.07.

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.