Silver X Mining (CVE:AGX) Shares Up 23% - Here's Why

Key Points

• Silver X Mining shares surged by 23%, reaching C$0.38 during mid-day trading, significantly higher than its previous close of C$0.31.
• The trading volume for the stock increased by 237%, totaling 1,673,650 shares compared to the average volume of 496,116 shares.
• Silver X Mining focuses on the exploration and development of mineral properties, primarily in Peru, specializing in silver, gold, lead, and zinc.

Shares of Silver X Mining Corp. (CVE:AGX - ) shot up 23% during mid-day trading on Tuesday . The company traded as high as C$0.38 and last traded at C$0.38. 1,673,650 shares changed hands during mid-day trading, an increase of 237% from the average session volume of 496,116 shares. The stock had previously closed at C$0.31.

Silver X Mining Price Performance

The company has a market cap of C$85.65 million, a PE ratio of -38.50 and a beta of 1.70. 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 has a 50 day moving average of C$0.31 and a 200-day moving average of C$0.22.

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.

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