First Andes Silver (CVE:FAS) Hits New 52-Week Low – Here’s Why

First Andes Silver Ltd. (CVE:FASGet Free Report) reached a new 52-week low on Monday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 2500 shares traded. The stock had previously closed at C$0.06.

First Andes Silver Trading Down 16.7 %

The stock has a 50 day moving average price of C$0.09 and a 200 day moving average price of C$0.12. The company has a market cap of C$1.66 million, a PE ratio of -0.36 and a beta of 1.65.

About First Andes Silver

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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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