First Andes Silver (CVE:FAS) Stock Price Up 28.6% – Should You Buy?

First Andes Silver Ltd. (CVE:FASGet Free Report) shares rose 28.6% on Thursday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 245,000 shares traded 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 28.6 %

The company has a market cap of C$2.99 million, a price-to-earnings ratio of -0.64 and a beta of 1.65. The stock has a fifty day moving average price of C$0.05 and a two-hundred day moving average price of C$0.07.

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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