First Andes Silver (TSXV:FAS) - Stock Price, News & Analysis

FAS Stock Overview

An exploration stage company, engages in the exploration and development of mineral properties in Peru.

FAS fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	5/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (0.9x) is below the Canadian market (14.9x)

Became profitable this year

Risk Analysis

High level of non-cash earnings

Highly volatile share price over the past 3 months compared to the Canadian market

Does not have a meaningful market cap (CA$3M)

Shareholders have been substantially diluted in the past year

+ 1 more risk

First Andes Silver Ltd. Competitors

Commander Resources

TSXV:CMD

CA$3.3m

Copper Road Resources

TSXV:CRD

CA$2.6m

CDN Maverick Capital

CNSX:CDN

CA$2.4m

Ubique Minerals

CNSX:UBQ

CA$2.4m

Price History & Performance

Summary of all time highs, changes and price drops for First Andes Silver
Historical stock prices
Current Share Price	CA$0.10
52 Week High	CA$0.38
52 Week Low	CA$0.057
Beta	1.65
11 Month Change	0%
3 Month Change	-13.04%
1 Year Change	-50.00%
33 Year Change	-95.45%
5 Year Change	n/a
Change since IPO	-97.73%

Recent updates

Shareholder Returns

	FAS	CA Metals and Mining	CA Market
7D	17.6%	-2.8%	-1.5%
1Y	-50.0%	33.6%	21.1%

Return vs Industry: FAS underperformed the Canadian Metals and Mining industry which returned 33.6% over the past year.

Return vs Market: FAS underperformed the Canadian Market which returned 21.1% over the past year.

Price Volatility

Is FAS's price volatile compared to industry and market?
FAS volatility
FAS Average Weekly Movement	26.4%
Metals and Mining Industry Average Movement	10.9%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.5%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: FAS's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: FAS's weekly volatility has decreased from 44% to 26% over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Jake Garland	www.firstandes.com

First Andes Silver Ltd., an exploration stage company, engages in the exploration and development 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 Lima, Peru.

First Andes Silver Ltd. Fundamentals Summary

How do First Andes Silver's earnings and revenue compare to its market cap?
FAS fundamental statistics
Market cap	CA$3.15m
Earnings (TTM)	CA$3.72m
Revenue (TTM)	n/a

0.9x

P/E Ratio

0.0x

P/S Ratio

Is FAS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FAS income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	-CA$3.72m
Earnings	CA$3.72m

Last Reported Earnings

Aug 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.11
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did FAS perform over the long term?

See historical performance and comparison

FAS Stock Overview

Rewards

Risk Analysis

First Andes Silver Ltd. Competitors

TSXV:CMD

CA$3.3m

TSXV:CRD

CA$2.6m

CNSX:CDN

CA$2.4m

CNSX:UBQ

CA$2.4m

Price History & Performance

Recent News & Updates

First Andes Silver Ltd. Completes Initial Diamond Drill Program At Santas Gloria Silver Property

First Andes Silver Ltd. Signs Drill Contract for Santas Glorias Silver Property

First Andes Silver Ltd., Annual General Meeting, Jun 27, 2024

New major risk - Shareholder dilution

Mantaro Precious Metals Corp. announced that it has received CAD 1.3 million in funding

Mantaro Precious Metals Corp. Appoints Greig Hutton as New Director

Recent updates

First Andes Silver Ltd. Completes Initial Diamond Drill Program At Santas Gloria Silver Property

First Andes Silver Ltd. Signs Drill Contract for Santas Glorias Silver Property

First Andes Silver Ltd., Annual General Meeting, Jun 27, 2024

New major risk - Shareholder dilution

Mantaro Precious Metals Corp. announced that it has received CAD 1.3 million in funding

Mantaro Precious Metals Corp. Appoints Greig Hutton as New Director

Mantaro Precious Metals Corp. announced that it expects to receive CAD 0.6 million in funding

Mantaro Precious Metals Corp. Extends the Time to Complete its Exploration Commitment on the Santas Gloria Silver Property from December 31, 2023 and November 2024

Less than half of directors are independent

Mantaro Precious Metals Corp. Announces Change of Directors

Mantaro Precious Metals Corp. Commences Follow-Up Tailings Sampling At Golden Hill

Mantaro Precious Metals Corp. Announces Mineral Resource Estimate for its Golden Hill Property, Bolivia

New major risk - Financial position

Mantaro Precious Metals Corp. (TSXV:MNTR) completed the acquisition of Minera Meranti Ltda from Jacob Garland.

Mantaro Precious Metals Corp. (TSXV:MNTR) completed the acquisition of Minera Meranti Ltda from Jacob Garland.

Mantaro Precious Metals Corp. Provides an Update as to the Status of the Maiden Resource Estimate At the Company's Golden Hill Property, Bolivia

Mantaro Precious Metals Corp. Completes Drill Pad Construction At Santas Gloria Ahead of Maiden Drill Program

Mantaro Precious Metals Corp. Announces Chief Executive Officer Changes

Mantaro Precious Metals Corp. Announces Complete Results from 2022 Drilling At Golden Hill Gold Property, Bolivia

Mantaro Precious Metals Corp. Appoints Stephen Clayson to the Position of Chief Executive Officer

Mantaro Precious Metals Corp. Appoints Stephen Clayson to the Position of Director of the Company, Effective Immediately

Mantaro Precious Metals Corp. Announces New Environmental License At Golden Hill Property

Less than half of directors are independent

Mantaro Precious Metals Corp. Receives Best Drill Hole Results to Date with Intersection of Multiple High-Grade Gold Zones in Hole Gh0005 At Golden Hill

Mantaro Precious Metals Corp. Announces Santas Gloria Property Fully Permitted for Drilling

Mantaro Precious Metals Corp. Announces New Gold Assays from Golden Hill Drill Program Including 4 Meters At 6.46 G/T Au

Mantaro Precious Metals Corp. Intersects 4.69M At 5.15 G/T Gold in First Drill Hole from Golden Hill Drill Program, Assays Pending from 20 of 21 Holes

Mantaro Precious Metals Corp. (TSXV:MNTR) agreed to acquire a 51% in the share capital of Minera Golden Hill S.R.L. for BOB 0.5 million.

Mantaro Precious Metals Corp. (TSXV:MNTR) agreed to acquire a 51% in the share capital of Minera Golden Hill S.R.L. for BOB 0.5 million.

Mantaro Precious Metals Corp. Completes Initial Diamond Drill Program At Golden Hill Property

Mantaro Precious Metals Corp. Completes First Four Drill Holes At Golden Hill Property and Intercepts Down Dip Extensions of Five Historically Mined Veins At La Escarcha

Mantaro Precious Metals Corp. Receives Key Environmental Approval for Santas Gloria Silver Property

Mantaro Precious Metals Corp. Commences 5,000 Meter Drill Program At Golden Hill

Mantaro Precious Metals Corp. Mobilizes Crew for 5,000 Meter Drill Program at Golden Hill

Mantaro Precious Metals Corp. Announces Executive Changes

Less than half of directors are independent

Mantaro Precious Metals Corp. Appoints Craig Hairfield as Director

Mantaro Precious Metals Corp. Discovers Two New Mineralized Vein Systems at Santas Gloria Silver Property

Mantaro Precious Metals Corp. Provides Updates on Exploration Activity of High-Grade Silver Assets in Peru and the Golden Hill Gold Project, Located in Bolivia

Mantaro Silver Corp. Provides Project Update for Its San Jose and Santas Gloria High-Grade Silver Properties, Located in Central Peru

Less than half of directors are independent

Mantaro Silver Corp. Announces Initial Work Program At High-Grade San Jose Silver Property

Mantaro Silver Corp. (TSXV:MSLV) entered into an agreement to acquire four Mineral Concessions near Santas Gloria Silver Property for $0.2 million.

Mantaro Silver Corp Provides an Update on Its High-Grade Silver Santas Gloria Silver Property, Located 55 Km East of Lima, Peru

Shareholder Returns

Price Volatility

About the Company

First Andes Silver Ltd. Fundamentals Summary

0.9x

0.0x

Earnings & Revenue