Silver X Mining (CVE:AGX) Shares Down 13.9% – Should You Sell?

Silver X Mining Corp. (CVE:AGXGet Free Report) was down 13.9% during mid-day trading on Saturday . The stock traded as low as C$0.15 and last traded at C$0.16. Approximately 1,568,296 shares changed hands during trading, an increase of 370% from the average daily volume of 333,891 shares. The stock had previously closed at C$0.18.

Silver X Mining Trading Down 13.9 %

The business’s 50 day simple moving average is C$0.19 and its 200 day simple moving average is C$0.22. The stock has a market cap of C$21.65 million, a price-to-earnings ratio of -1.93 and a beta of 0.57. The company has a quick ratio of 1.12, a current ratio of 0.35 and a debt-to-equity ratio of 9.00.

About Silver X Mining

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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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