Andean Precious Metals (TSE:APM) Stock Price Down 9.3% – Time to Sell?

Andean Precious Metals Corp. (TSE:APMGet Free Report) fell 9.3% during mid-day trading on Wednesday . The stock traded as low as C$6.36 and last traded at C$6.80. Approximately 795,995 shares were traded during mid-day trading, an increase of 57% from the average daily volume of 507,383 shares. The stock had previously closed at C$7.50.

Andean Precious Metals Trading Down 9.3%

The company has a market cap of C$1.02 billion, a price-to-earnings ratio of 6.80 and a beta of 2.64. The business has a 50-day moving average price of C$6.01 and a 200 day moving average price of C$7.24.

Andean Precious Metals (TSE:APMGet Free Report) last issued its earnings results on Wednesday, August 12th. The company reported C($0.13) earnings per share (EPS) for the quarter. The company had revenue of C$96.10 million during the quarter.

Andean Precious Metals Company Profile

(Get Free Report)

Andean is a growing precious metals producer focused on expanding into top-tier jurisdictions in the Americas. The Company owns and operates the San Bartolome processing facility in Potosí, Bolivia and the Golden Queen mine in Kern County, California, and is well-funded to act on future growth opportunities. Andean’s leadership team is committed to creating value; fostering safe, sustainable and responsible operations; and achieving our ambition to be a multi-asset, mid-tier precious metals producer.

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