Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
First Andes Silver Ltd. operates as an emerging enterprise dedicated to the identification and advancement of mineral resources in Peru, specifically targeting silver and gold deposits. Its core holding is the Santas Gloria silver property, where it maintains complete ownership. This significant asset encompasses three distinct mineral concessions, collectively spanning 1,100 hectares in Peru's Lima region. Headquartered in Vancouver, Canada, the company rebranded to First Andes Silver Ltd. in April 2024, having previously operated under the name Mantaro Precious Metals Corp.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers.