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Silver X Mining (CVE:AGX) Trading Down 13.6% - Here's What Happened

Silver X Mining logo with Basic Materials background

Silver X Mining Corp. (CVE:AGX - Get Free Report)'s share price was down 13.6% during trading on Thursday . The stock traded as low as C$0.28 and last traded at C$0.29. Approximately 287,396 shares traded hands during mid-day trading, a decline of 29% from the average daily volume of 402,378 shares. The stock had previously closed at C$0.33.

Silver X Mining Stock Down 13.6 %

The stock has a 50 day moving average price of C$0.24 and a 200 day moving average price of C$0.25. The company has a quick ratio of 1.12, a current ratio of 0.48 and a debt-to-equity ratio of 5.87. The stock has a market capitalization of C$57.10 million, a price-to-earnings ratio of -2.55 and a beta of 0.57.

Silver X Mining (CVE:AGX - Get Free Report) last posted its earnings results on Thursday, August 29th. The company reported C($0.01) EPS for the quarter. Silver X Mining had a negative return on equity of 38.93% and a negative net margin of 67.13%. The business had revenue of C$8.54 million for the quarter. As a group, analysts forecast that Silver X Mining Corp. will post 0.0459662 EPS for the current year.

About Silver X Mining

(Get Free Report)

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.

Further Reading

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