First Andes Silver (CVE:FAS) Trading Up 25% – Should You Buy?

First Andes Silver Ltd. (CVE:FASGet Free Report) rose 25% during trading on Monday . The company traded as high as C$0.11 and last traded at C$0.10. Approximately 2,264,452 shares traded hands during trading, an increase of 731% from the average daily volume of 272,652 shares. The stock had previously closed at C$0.08.

First Andes Silver Trading Up 25.0%

The business has a 50-day moving average price of C$0.08 and a 200 day moving average price of C$0.09. The stock has a market capitalization of C$6.80 million, a P/E ratio of -10.00 and a beta of 1.93.

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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