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

Silver X Mining Corp. (CVE:AGX)’s share price fell 13.9% during trading on Friday . The stock traded as low as C$0.15 and last traded at C$0.16. 1,568,296 shares traded hands during mid-day trading, an increase of 370% from the average session volume of 333,891 shares. The stock had previously closed at C$0.18.

Silver X Mining Stock Performance

The company has a current ratio of 0.35, a quick ratio of 1.12 and a debt-to-equity ratio of 9.00. The firm has a fifty day simple moving average of C$0.19 and a 200 day simple moving average of 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.

Silver X Mining Company Profile

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.