First Andes Silver (CVE:FAS) Trading 28.6% Higher – Time to Buy?

First Andes Silver Ltd. (CVE:FASGet Free Report)’s share price rose 28.6% during trading on Thursday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 245,000 shares traded hands during trading, an increase of 235% from the average daily volume of 73,058 shares. The stock had previously closed at C$0.07.

First Andes Silver Price Performance

The stock has a market capitalization of C$3.32 million, a price-to-earnings ratio of -0.71 and a beta of 1.65. The firm has a 50-day moving average of C$0.05 and a 200 day moving average of C$0.07.

About First Andes Silver

(Get Free Report)

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.

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