First Andes Silver (CVE:FAS) Stock Price Up 22.2% – What’s Next?

First Andes Silver Ltd. (CVE:FAS)’s share price traded up 22.2% on Tuesday . The company traded as high as C$0.28 and last traded at C$0.22. 909,741 shares were traded during trading, an increase of 40% from the average session volume of 651,249 shares. The stock had previously closed at C$0.18.

First Andes Silver Stock Performance

The firm has a market cap of C$14.95 million, a price-to-earnings ratio of -22.00 and a beta of 1.34. The firm’s 50 day moving average is C$0.11 and its 200-day moving average is C$0.10.

First Andes Silver Company Profile

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.