First Andes Silver (CVE:FAS) Sets New 52-Week Low – Should You Sell?

First Andes Silver Ltd. (CVE:FAS) shares reached a new 52-week low on Wednesday . The stock traded as low as C$0.08 and last traded at C$0.08, with a volume of 135000 shares traded. The stock had previously closed at C$0.08.

First Andes Silver Trading Down 6.3 %

The firm has a market cap of C$2.49 million, a P/E ratio of -0.54 and a beta of 1.65. The company’s fifty day moving average price is C$0.09 and its two-hundred day moving average price is C$0.13.

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.