Andean Precious Metals (CVE:APM) Shares Up 7.5% – Here’s Why

Shares of Andean Precious Metals Corp. (CVE:APM) shot up 7.5% during mid-day trading on Thursday . The stock traded as high as C$1.29 and last traded at C$1.29. 225,691 shares were traded 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 Upgrades and Downgrades

Separately, Desjardins cut their price objective on Andean Precious Metals from C$2.10 to C$2.00 and set a “buy” rating for the company in a report on Thursday, March 20th.

Andean Precious Metals Stock Up 7.5 %

The firm has a market capitalization of C$135.47 million, a P/E ratio of 2.55 and a beta of 1.22. The business’s 50-day simple moving average is C$1.29 and its 200 day simple moving average is C$1.38.

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.