Silver X Mining (CVE:AGX) Stock Price Up 9.1% – Here’s What Happened

Shares of Silver X Mining Corp. (CVE:AGX) shot up 9.1% during mid-day trading on Wednesday . The company traded as high as C$0.18 and last traded at C$0.18. 96,500 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 350,892 shares. The stock had previously closed at C$0.17.

Analyst Ratings Changes

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

Silver X Mining Stock Up 9.1 %

The company has a current ratio of 0.35, a quick ratio of 1.12 and a debt-to-equity ratio of 9.00. The business’s 50-day simple moving average is C$0.19 and its 200-day simple moving average is C$0.22. The company has a market capitalization of C$25.14 million, a PE ratio of -2.24 and a beta of 0.57.

About Silver X Mining

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.