Silver X Mining (CVE:AGX) Stock Price Up 20% - Here's Why

Key Points

• Silver X Mining Corp.'s stock price rose by 20% to C$0.54 during mid-day trading, significantly up from the previous close of C$0.45.
• The trading volume saw a substantial increase of 175%, with approximately 1,485,953 shares changing hands compared to the average of 540,774 shares.
• The company primarily engages in the exploration and development of mineral properties in the Americas, focusing on silver, gold, lead, and zinc, with significant projects in Peru.

Silver X Mining Corp. (CVE:AGX - )'s stock price was up 20% during mid-day trading on Monday . The stock traded as high as C$0.54 and last traded at C$0.54. Approximately 1,485,953 shares traded hands during trading, an increase of 175% from the average daily volume of 540,774 shares. The stock had previously closed at C$0.45.

Silver X Mining Stock Performance

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 business has a 50 day moving average price of C$0.32 and a two-hundred day moving average price of C$0.23. The stock has a market cap of C$120.20 million, a P/E ratio of -54.00 and a beta of 1.64.

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.

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