Silver X Mining (CVE:AGX) Trading Up 15.4% – Here’s Why

Silver X Mining Corp. (CVE:AGX) was up 15.4% on Wednesday . The company traded as high as C$0.83 and last traded at C$0.83. Approximately 499,006 shares changed hands during mid-day trading, a decline of 71% from the average daily volume of 1,736,771 shares. The stock had previously closed at C$0.72.

Silver X Mining Stock Up 2.5%

The company has a market cap of C$215.13 million, a price-to-earnings ratio of -40.50 and a beta of 2.71. The company has a current ratio of 0.80, a quick ratio of 1.12 and a debt-to-equity ratio of 7.98. The business has a fifty day moving average of C$0.82 and a two-hundred day moving average of C$0.84.

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. 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.