First Andes Silver (CVE:FAS) Shares Up 33.3% – Time to Buy?

First Andes Silver Ltd. (CVE:FASGet Free Report)’s share price shot up 33.3% on Tuesday . The company traded as high as C$0.08 and last traded at C$0.08. 108,000 shares changed hands 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 Performance

The business’s fifty day moving average price is C$0.06 and its two-hundred day moving average price is C$0.07. The stock has a market capitalization of C$2.65 million, a P/E ratio of -0.57 and a beta of 1.65.

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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