Silver X Mining (CVE:AGX) Stock Rating Upgraded by Maxim Group

Silver X Mining (CVE:AGX) was upgraded by research analysts at Maxim Group to a “strong-buy” rating in a report released on Tuesday,Zacks.com reports.

Separately, Fundamental Research set a C$1.49 price objective on Silver X Mining and gave the company a “buy” rating in a research note on Friday, July 3rd. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Strong Buy” and an average price target of C$1.49.

Silver X Mining Stock Performance

CVE:AGX opened at C$0.69 on Tuesday. Silver X Mining has a 1 year low of C$0.27 and a 1 year high of C$1.61. The stock’s fifty day moving average price is C$0.69 and its two-hundred day moving average price is C$0.86. The company has a debt-to-equity ratio of 99.33, a current ratio of 2.17 and a quick ratio of 1.12. The company has a market cap of C$197.43 million, a P/E ratio of -69.00 and a beta of 2.76.

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.