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

First Andes Silver Ltd. (CVE:FAS) hit a new 52-week low on Tuesday . The stock traded as low as C$0.07 and last traded at C$0.06, with a volume of 266863 shares changing hands. The stock had previously closed at C$0.08.

First Andes Silver Trading Down 20.0 %

The stock’s 50-day moving average price is C$0.09 and its 200-day moving average price is C$0.13. The company has a market cap of C$1.99 million, a P/E ratio of -0.43 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.