First Andes Silver (CVE:FAS) Sets New 12-Month Low – Here’s What Happened

First Andes Silver Ltd. (CVE:FAS)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 3300 shares changing hands. The stock had previously closed at C$0.05.

First Andes Silver Stock Up 12.5 %

The stock’s 50 day moving average price is C$0.08 and its two-hundred day moving average price is C$0.11. The firm has a market capitalization of C$1.49 million, a price-to-earnings ratio of -0.32 and a beta of 1.65.

First Andes Silver Company Profile

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.