First Andes Silver (CVE:FAS) Stock Price Up 28.6% – Still a Buy?

First Andes Silver Ltd. (CVE:FASGet Free Report) shares traded up 28.6% during mid-day trading on Wednesday . The stock traded as high as C$0.09 and last traded at C$0.09. 245,000 shares changed hands during trading, an increase of 235% from the average session volume of 73,058 shares. The stock had previously closed at C$0.07.

First Andes Silver Stock Performance

The business’s fifty day moving average price is C$0.05 and its 200-day moving average price is C$0.07. The stock has a market cap of C$2.99 million, a PE ratio of -0.64 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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