Andean Precious Metals (TSE:APM) Raised to Moderate Buy at Desjardins

Andean Precious Metals (TSE:APM) was upgraded by analysts at Desjardins to a “moderate buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Andean Precious Metals Price Performance

Shares of APM stock opened at C$10.40 on Tuesday. The stock’s 50-day moving average is C$9.58 and its 200 day moving average is C$7.35. Andean Precious Metals has a 1-year low of C$1.22 and a 1-year high of C$12.55. The company has a market cap of C$1.55 billion, a P/E ratio of 20.39 and a beta of 1.95.

About Andean Precious Metals

Andean is a growing precious metals producer focused on expanding into top-tier jurisdictions in the Americas. The Company owns and operates the San Bartolome processing facility in Potosí, Bolivia and the Golden Queen mine in Kern County, California, and is well-funded to act on future growth opportunities. Andean’s leadership team is committed to creating value; fostering safe, sustainable and responsible operations; and achieving our ambition to be a multi-asset, mid-tier precious metals producer.