First Andes Silver (CVE:FAS) Shares Up 33.3% – Should You Buy?

First Andes Silver Ltd. (CVE:FASGet Free Report)’s stock price rose 33.3% during trading on Tuesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 108,000 shares were traded during trading, an increase of 63% from the average daily volume of 66,071 shares. The stock had previously closed at C$0.06.

First Andes Silver Trading Up 33.3 %

The business has a 50-day moving average price of C$0.06 and a 200 day moving average price of C$0.07. The company has a market cap of C$2.65 million, a price-to-earnings ratio of -0.57 and a beta of 1.65.

About First Andes Silver

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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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