Silver X Mining (CVE:AGX) Trading Down 2.1%

Silver X Mining Corp. (CVE:AGX)’s stock price traded down 2.1% during mid-day trading on Tuesday . The company traded as low as C$0.22 and last traded at C$0.23. 150,145 shares changed hands during trading, a decline of 68% from the average session volume of 472,034 shares. The stock had previously closed at C$0.24.

Silver X Mining Stock Down 2.1 %

The company has a quick ratio of 1.12, a current ratio of 0.29 and a debt-to-equity ratio of 5.87. The company has a fifty day simple moving average of C$0.21 and a 200 day simple moving average of C$0.22. The firm has a market capitalization of C$44.70 million, a P/E ratio of -2.09 and a beta of 0.52.

Silver X Mining (CVE:AGX) last announced its quarterly earnings results on Wednesday, May 1st. The company reported C($0.07) earnings per share (EPS) for the quarter. The firm had revenue of C$5.92 million during the quarter. Silver X Mining had a negative return on equity of 29.04% and a negative net margin of 73.26%. On average, equities analysts expect that Silver X Mining Corp. will post 0.0137068 EPS for the current fiscal year.

Insider Activity

In related news, Director Jose Maria Garcia Jimenez sold 2,500,000 shares of the company’s stock in a transaction that occurred on Thursday, April 4th. The stock was sold at an average price of C$0.18, for a total value of C$450,000.00. Corporate insiders own 28.14% of the company’s stock.

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.