Silver X Mining (CVE:AGX) Reaches New 52-Week Low – What’s Next?

Silver X Mining Corp. (CVE:AGX)’s stock price hit a new 52-week low on Monday . The stock traded as low as C$0.15 and last traded at C$0.15, with a volume of 527058 shares. The stock had previously closed at C$0.16.

Wall Street Analyst Weigh In

Separately, Fundamental Research set a C$0.98 target price on shares of Silver X Mining and gave the company a “buy” rating in a research report on Tuesday, March 4th.

Silver X Mining Price Performance

The company has a debt-to-equity ratio of 9.00, a current ratio of 0.35 and a quick ratio of 1.12. The firm has a market cap of C$20.95 million, a price-to-earnings ratio of -1.87 and a beta of 0.57. The stock has a 50-day moving average price of C$0.18 and a 200 day moving average price of C$0.21.

Silver X Mining Company Profile

Silver X Mining Corp. engages in the exploration, acquisition, and development of mineral properties in the Americas. The company explores for silver, gold, lead, and zinc. It primarily holds interest in the Nueva Recuperada project located in Huancavelica, Peru. It also holds interest in the Coriorcco gold project located in Peru.