First Andes Silver (CVE:FAS) Reaches New 1-Year Low – Should You Sell?

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

First Andes Silver Stock Down 11.1 %

The firm has a market cap of C$1.33 million, a P/E ratio of -0.29 and a beta of 1.65. The business’s 50 day moving average is C$0.07 and its two-hundred day moving average is C$0.10.

About First Andes Silver

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.