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

Silver X Mining Corp. (CVE:AGX)’s share price was up 9.1% during trading on Wednesday . The stock traded as high as C$0.18 and last traded at C$0.18. Approximately 96,500 shares traded hands during trading, a decline of 72% from the average daily volume of 350,892 shares. The stock had previously closed at C$0.17.

Analyst Upgrades and Downgrades

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

Silver X Mining Trading Up 9.1 %

The company has a quick ratio of 1.12, a current ratio of 0.35 and a debt-to-equity ratio of 9.00. The company’s 50-day moving average is C$0.19 and its 200 day moving average is C$0.22. The company has a market cap of C$25.14 million, a price-to-earnings 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.