First Andes Silver (CVE:FAS) Hits New 12-Month Low – Time to Sell?

Shares of First Andes Silver Ltd. (CVE:FASGet Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 135000 shares traded. The stock had previously closed at C$0.08.

First Andes Silver Trading Down 6.3 %

The stock’s 50-day simple moving average is C$0.10 and its 200-day simple moving average is C$0.13. The firm has a market capitalization of C$2.49 million, a P/E ratio of -0.54 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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