Andean Precious Metals (CVE:APM) Stock Price Down 10.4% – Here’s What Happened

Andean Precious Metals Corp. (CVE:APM)’s stock price dropped 10.4% during trading on Tuesday . The company traded as low as C$1.12 and last traded at C$1.12. Approximately 535,049 shares changed hands during trading, an increase of 177% from the average daily volume of 193,465 shares. The stock had previously closed at C$1.25.

Analyst Ratings Changes

Separately, Desjardins upgraded Andean Precious Metals to a “moderate buy” rating in a research note on Thursday, October 31st.

Andean Precious Metals Stock Performance

The firm has a market capitalization of C$167.28 million, a price-to-earnings ratio of 2.95 and a beta of 1.22. The company has a 50 day moving average price of C$1.41 and a two-hundred day moving average price of C$1.25.

Insiders Place Their Bets

In other news, insider 2176423 Ontario Ltd. acquired 84,400 shares of the business’s stock in a transaction on Tuesday, October 8th. The stock was bought at an average cost of C$1.51 per share, for a total transaction of C$127,359.60. 69.37% of the stock is currently owned by company insiders.

Andean Precious Metals Company Profile

Aptorum Group Limited, a pharmaceutical company, engages in the discovery, development, and commercialization of therapeutic products for the treatment of diseases with a focus on infectious diseases and cancers. Its pipeline enables the discovery of new therapeutics assets, such as systematic screening of existing approved drug molecules, and microbiome-based research platform for treatments of metabolic diseases.