Silver X Mining (CVE:AGX) Trading 21.3% Higher - What's Next?

Key Points

• Silver X Mining Corp. shares surged by 21.3% during mid-day trading, reaching a high of C$0.37 compared to the previous close of C$0.31.
• The stock saw an increase in trading volume, with 886,805 shares traded, marking an 81% rise from the average session volume.
• Silver X Mining focuses on the exploration and development of mineral properties in the Americas, primarily holding interests in projects in Peru, including the Nueva Recuperada project.

Silver X Mining Corp. (CVE:AGX - )'s share price traded up 21.3% during mid-day trading on Tuesday . The stock traded as high as C$0.37 and last traded at C$0.37. 886,805 shares were traded during mid-day trading, an increase of 81% from the average session volume of 490,695 shares. The stock had previously closed at C$0.31.

Silver X Mining Price 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 firm has a market capitalization of C$83.43 million, a PE ratio of -37.50 and a beta of 1.70. The firm's fifty day simple moving average is C$0.31 and its 200-day simple moving average is C$0.22.

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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