Andean Precious Metals (CVE:APM) Shares Down 8% – Here’s What Happened

Andean Precious Metals Corp. (CVE:APM) was down 8% during trading on Tuesday . The stock traded as low as C$1.12 and last traded at C$1.15. Approximately 461,849 shares were traded during mid-day trading, an increase of 139% from the average daily volume of 193,266 shares. The stock had previously closed at C$1.25.

Analysts Set New Price Targets

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

Andean Precious Metals Trading Down 10.4 %

The business’s fifty day moving average price is C$1.41 and its 200 day moving average price is C$1.25. The firm has a market capitalization of C$167.28 million, a price-to-earnings ratio of 2.95 and a beta of 1.22.

Insiders Place Their Bets

In related news, insider 2176423 Ontario Ltd. acquired 84,400 shares of the business’s stock in a transaction dated Tuesday, October 8th. The shares were acquired at an average cost of C$1.51 per share, for a total transaction of C$127,359.60. Insiders own 69.37% of the company’s stock.

About Andean Precious Metals

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.