First Andes Silver (CVE:FAS) Trading Up 33.3% – What’s Next?

First Andes Silver Ltd. (CVE:FAS)’s stock price traded up 33.3% during mid-day trading on Tuesday . The stock traded as high as C$0.08 and last traded at C$0.08. 108,000 shares were traded during mid-day trading, an increase of 63% from the average session volume of 66,071 shares. The stock had previously closed at C$0.06.

First Andes Silver Stock Up 33.3 %

The company has a market cap of C$2.65 million, a P/E ratio of -0.57 and a beta of 1.65. The firm has a 50 day moving average of C$0.06 and a 200-day moving average of C$0.07.

About First Andes Silver

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.