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

Shares of First Andes Silver Ltd. (CVE:FAS) reached a new 52-week low on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 279200 shares traded. The stock had previously closed at C$0.05.

First Andes Silver Trading Down 11.1 %

The stock has a market capitalization of C$1.33 million, a P/E ratio of -0.29 and a beta of 1.65. The company has a 50-day moving average price of C$0.07 and a two-hundred day moving average price of C$0.10.

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.