Shares of First Andes Silver Ltd. (CVE:FAS – Get Free Report) were down 14.3% during mid-day trading on Friday . The stock traded as low as C$0.12 and last traded at C$0.12. Approximately 451,227 shares changed hands during mid-day trading, an increase of 64% from the average daily volume of 274,639 shares. The stock had previously closed at C$0.14.
First Andes Silver Trading Down 10.7%
The firm has a 50-day moving average of C$0.09 and a 200 day moving average of C$0.10. The company has a market cap of C$8.49 million, a P/E ratio of -12.50 and a beta of 1.36.
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. and changed its name to First Andes Silver Ltd. in April 2024. First Andes Silver Ltd. is headquartered in Vancouver, Canada.
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