First Andes Silver (CVE:FAS) Hits New 52-Week Low – What’s Next?

First Andes Silver Ltd. (CVE:FASGet Free Report) shares reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.07 and last traded at C$0.09, with a volume of 249000 shares changing hands. The stock had previously closed at C$0.08.

First Andes Silver Stock Performance

The company’s 50-day moving average price is C$0.10 and its 200 day moving average price is C$0.14. The stock has a market capitalization of C$2.65 million, a PE ratio of -0.57 and a beta of 1.65.

First Andes Silver Company Profile

(Get Free Report)

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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