Silver X Mining (CVE:AGX) Upgraded at Maxim Group

Maxim Group upgraded shares of Silver X Mining (CVE:AGX) to a strong-buy rating in a research note published on Tuesday,Zacks.com reports.

Separately, Fundamental Research set a C$1.49 price target on shares of Silver X Mining and gave the company a “buy” rating in a research note on Friday, July 3rd. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Strong Buy” and a consensus price target of C$1.49.

Silver X Mining Stock Performance

AGX stock opened at C$0.64 on Tuesday. The company has a current ratio of 2.17, a quick ratio of 1.12 and a debt-to-equity ratio of 99.33. The firm has a market cap of C$183.12 million, a P/E ratio of -64.00 and a beta of 2.76. Silver X Mining has a 12-month low of C$0.27 and a 12-month high of C$1.61. The stock’s 50 day simple moving average is C$0.68 and its 200 day simple moving average is C$0.85.

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.