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Fundamental Research Reiterates "C$0.95" Price Target for Silver X Mining (CVE:AGX)

Silver X Mining logo with Basic Materials background

Key Points

  • Fundamental Research has set a price target of C$0.95 for Silver X Mining (CVE:AGX), indicating a potential upside of 69.64% from its current price.
  • The stock rose to C$0.56 during midday trading with a total trading volume of 3,551,329 shares, far exceeding its average volume of 777,978.
  • Silver X Mining focuses on the exploration and development of mineral properties primarily in the Americas, with significant interests in silver, gold, lead, and zinc.
  • Five stocks we like better than Silver X Mining.

Silver X Mining (CVE:AGX - Get Free Report) has been given a C$0.95 price target by equities researchers at Fundamental Research in a research report issued on Wednesday,BayStreet.CA reports. The firm currently has a "buy" rating on the stock. Fundamental Research's target price points to a potential upside of 69.64% from the stock's current price.

Silver X Mining Price Performance

AGX traded up C$0.09 during midday trading on Wednesday, hitting C$0.56. The stock had a trading volume of 3,551,329 shares, compared to its average volume of 777,978. The company has a market cap of C$148.73 million, a P/E ratio of -40.00 and a beta of 2.26. Silver X Mining has a 1 year low of C$0.12 and a 1 year high of C$0.60. 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 business has a fifty day moving average of C$0.41 and a 200 day moving average of C$0.28.

Silver X Mining Company Profile

(Get Free Report)

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.

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