First Andes Silver (CVE:FAS) Reaches New 1-Year Low – Here’s What Happened

First Andes Silver Ltd. (CVE:FAS)’s share price reached 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 458000 shares trading hands. The stock had previously closed at C$0.06.

First Andes Silver Price Performance

The stock has a market cap of C$1.33 million, a P/E ratio of -0.39 and a beta of 1.65. The stock has a 50-day simple moving average of C$0.08 and a 200-day simple moving average of C$0.12.

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.