First Andes Silver Ltd. (CVE:FAS – Get Free Report) shares rose 28.6% on Thursday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 245,000 shares changed hands during trading, an increase of 235% from the average daily volume of 73,058 shares. The stock had previously closed at C$0.07.
First Andes Silver Stock Up 11.1 %
The stock’s fifty day moving average price is C$0.05 and its 200-day moving average price is C$0.07. The company has a market capitalization of C$3.32 million, a price-to-earnings ratio of -0.71 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.
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