Andean Precious Metals (CVE:APM) Trading Down 9.6% – Time to Sell?

Shares of Andean Precious Metals Corp. (CVE:APM) were down 9.6% during trading on Tuesday . The company traded as low as C$1.12 and last traded at C$1.13. Approximately 515,749 shares changed hands during trading, an increase of 167% from the average daily volume of 193,385 shares. The stock had previously closed at C$1.25.

Analysts Set New Price Targets

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

Andean Precious Metals Stock Down 10.4 %

The firm’s 50 day simple moving average is C$1.41 and its 200 day simple moving average is C$1.25. The company has a market capitalization of C$167.28 million, a PE ratio of 2.95 and a beta of 1.22.

Insider Activity

In related news, insider 2176423 Ontario Ltd. bought 84,400 shares of the company’s stock in a transaction that occurred on Tuesday, October 8th. The shares were purchased at an average cost of C$1.51 per share, with a total value of C$127,359.60. Insiders own 69.37% of the company’s stock.

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.