Silver X Mining (CVE:AGX) Given a C$1.49 Price Target by Fundamental Research Analysts

Silver X Mining (CVE:AGX) has been given a C$1.49 price target by stock analysts at Fundamental Research in a report released on Friday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Fundamental Research’s price target points to a potential upside of 115.94% from the stock’s previous close.

Silver X Mining Stock Performance

AGX stock remained flat at C$0.69 during trading on Friday. The company had a trading volume of 309,140 shares, compared to its average volume of 1,414,605. Silver X Mining has a fifty-two week low of C$0.27 and a fifty-two week high of C$1.61. The company has a debt-to-equity ratio of 99.33, a current ratio of 2.17 and a quick ratio of 1.12. The firm has a market capitalization of C$191.08 million, a P/E ratio of -69.00 and a beta of 2.61. The business’s fifty day simple moving average is C$0.73 and its 200 day simple moving average is C$0.89.

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. The company was formerly known as Oro X Mining Corp. and changed its name to Silver X Mining Corp. in June 2021. Silver X Mining Corp. was incorporated in 2009 and is based in Vancouver, Canada.