Fundamental Research Reiterates C$1.65 Price Target for Silver X Mining (CVE:AGX)

Fundamental Research set a C$1.65 price target on Silver X Mining (CVE:AGX) in a research note published on Tuesday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Separately, Maxim Group upgraded shares of Silver X Mining to a “strong-buy” rating in a research report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Strong Buy” and a consensus price target of C$1.65.

Silver X Mining Stock Performance

Shares of AGX stock opened at C$1.01 on Tuesday. The company has a market capitalization of C$289.71 million, a price-to-earnings ratio of 101.00 and a beta of 2.81. The company has a debt-to-equity ratio of 94.11, a quick ratio of 1.12 and a current ratio of 1.97. The company has a 50-day simple moving average of C$0.71 and a 200 day simple moving average of C$0.80. Silver X Mining has a 52 week low of C$0.29 and a 52 week high of C$1.61.

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. The company was formerly known as Oro X Mining Corp. and changed its name to Silver X Mining Corp. in June 2021. Silver X Mining Corp. was incorporated in 2009 and is based in Vancouver, Canada.