First Andes Silver (CVE:FAS) Stock Price Up 33.3% – Here’s What Happened

First Andes Silver Ltd. (CVE:FAS)’s share price shot up 33.3% during trading on Tuesday . The company traded as high as C$0.08 and last traded at C$0.08. 108,000 shares were traded during 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 Price Performance

The stock has a fifty day moving average of C$0.06 and a 200 day moving average of C$0.07. The stock has a market cap of C$2.65 million, a price-to-earnings ratio of -0.57 and a beta of 1.65.

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.