Andean Precious Metals (TSE:APM) Trading 5.3% Higher – Time to Buy?

Shares of Andean Precious Metals Corp. (TSE:APMGet Free Report) rose 5.3% on Wednesday . The stock traded as high as C$7.27 and last traded at C$7.12. Approximately 437,322 shares traded hands during trading, a decline of 12% from the average session volume of 496,706 shares. The stock had previously closed at C$6.76.

Andean Precious Metals Price Performance

The company has a market capitalization of C$1.07 billion, a price-to-earnings ratio of 9.10 and a beta of 2.64. The company’s 50-day moving average price is C$6.44 and its two-hundred day moving average price is C$6.94.

Andean Precious Metals (TSE:APMGet Free Report) last released its quarterly earnings results on Wednesday, August 12th. The company reported C($0.13) earnings per share (EPS) for the quarter. The business had revenue of C$96.10 million during the quarter.

About Andean Precious Metals

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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.

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