First Andes Silver (CVE:FAS) Shares Up 23.5% – Should You Buy?

First Andes Silver Ltd. (CVE:FAS) shot up 23.5% during trading on Tuesday . The stock traded as high as C$0.11 and last traded at C$0.11. 39,523 shares traded hands during trading, an increase of 91% from the average session volume of 20,660 shares. The stock had previously closed at C$0.09.

First Andes Silver Stock Down 4.8 %

The stock has a market cap of C$3.32 million, a P/E ratio of -0.71 and a beta of 1.65. The company has a fifty day moving average price of C$0.09.

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.