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

First Andes Silver Ltd. (CVE:FAS)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as C$0.07 and last traded at C$0.07, with a volume of 2000 shares traded. The stock had previously closed at C$0.08.

First Andes Silver Stock Up 14.3 %

The firm’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$2.65 million, a PE ratio of -0.57 and a beta of 1.65.

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.