Free Trial

Silver X Mining (CVE:AGX) Hits New 12-Month High - Time to Buy?

Silver X Mining logo with Basic Materials background

Key Points

  • Silver X Mining Corp. reached a new 52-week high, trading at C$0.59, with a last price of C$0.57 after closing at C$0.51.
  • The company operates with a market cap of C$126.88 million and a notably high debt-to-equity ratio of 9.00, raising caution among investors.
  • Silver X Mining focuses on exploring and developing mineral properties in the Americas, primarily silver, gold, lead, and zinc in projects located in Peru.
  • Five stocks we like better than Silver X Mining.

Shares of Silver X Mining Corp. (CVE:AGX - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as C$0.59 and last traded at C$0.57, with a volume of 2384505 shares changing hands. The stock had previously closed at C$0.51.

Silver X Mining Trading Down 7.0%

The firm has a market capitalization of C$117.98 million, a PE ratio of -37.86 and a beta of 1.64. 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 simple moving average is C$0.37 and its 200 day simple moving average is C$0.26.

About Silver X Mining

(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.

See Also

Should You Invest $1,000 in Silver X Mining Right Now?

Before you consider Silver X Mining, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Silver X Mining wasn't on the list.

While Silver X Mining currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.