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

Shares of Silver X Mining Corp. (CVE:AGX) 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 changing hands. The stock had previously closed at C$0.16.

Analyst Ratings Changes

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

Silver X Mining Price Performance

The company has a debt-to-equity ratio of 9.00, a quick ratio of 1.12 and a current ratio of 0.35. The stock’s 50-day moving average is C$0.18 and its two-hundred day moving average is C$0.21. The stock has a market cap of C$20.67 million, a PE ratio of -1.85 and a beta of 0.57.

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.