Silver X Mining Corp. (CVE:AGX – Get Free Report) dropped 7% on Thursday . The company traded as low as C$0.64 and last traded at C$0.66. 1,539,509 shares were traded during mid-day trading, an increase of 3% from the average daily volume of 1,493,649 shares. The stock had previously closed at C$0.71.
Silver X Mining Trading Up 4.5%
The firm has a 50-day moving average of C$0.76 and a 200-day moving average of C$0.89. The company has a debt-to-equity ratio of 99.33, a quick ratio of 1.12 and a current ratio of 2.17. The firm has a market capitalization of C$191.08 million, a P/E ratio of -69.00 and a beta of 2.61.
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.
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