Silver X Mining (CVE:AGX) Trading 20% Higher - Here's What Happened

Key Points

• Silver X Mining Corp. (CVE:AGX) saw a significant 20% increase in stock price, trading at C$0.54, and a trading volume surge of 175% compared to its average session.
• The company's market cap stands at C$120.20 million, with a concerning debt-to-equity ratio of 9.00 and a price-to-earnings ratio of -54.00.
• Silver X Mining engages in the exploration and development of mineral properties, primarily focusing on silver, gold, lead, and zinc, with interests in projects located in Peru.

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

Silver X Mining Stock Performance

The company has a fifty day moving average of C$0.32 and a two-hundred day moving average of C$0.23. 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 company has a market cap of C$120.20 million, a price-to-earnings ratio of -54.00 and a beta of 1.64.

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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