Andean Precious Metals (CVE:APM) Trading 7.5% Higher – Here’s What Happened

Shares of Andean Precious Metals Corp. (CVE:APM) traded up 7.5% during trading on Thursday . The company traded as high as C$1.29 and last traded at C$1.29. 225,691 shares traded hands during trading, an increase of 41% from the average session volume of 159,585 shares. The stock had previously closed at C$1.20.

Analyst Ratings Changes

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

Andean Precious Metals Stock Performance

The stock has a market cap of C$192.67 million, a PE ratio of 3.39 and a beta of 1.22. The company’s 50-day moving average price is C$1.28 and its 200 day moving average price is C$1.30.

Andean Precious Metals (CVE:APM) last released its quarterly earnings results on Monday, November 11th. The company reported C$0.07 EPS for the quarter. Andean Precious Metals had a net margin of 23.75% and a return on equity of 41.08%. On average, sell-side analysts anticipate that Andean Precious Metals Corp. will post 0.3806452 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Senior Officer Juan Carlos Sandoval Amare bought 31,300 shares of Andean Precious Metals stock in a transaction that occurred on Friday, January 3rd. The stock was bought at an average cost of C$1.21 per share, with a total value of C$37,860.48. 69.37% of the stock is currently owned by 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.