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

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

Separately, Fundamental Research set a C$1.49 target price on shares of 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 stock. According to MarketBeat.com, Silver X Mining presently has an average rating of “Strong Buy” and an average price target of C$1.49.

Silver X Mining Price Performance

Shares of CVE:AGX opened at C$0.69 on Tuesday. The company has a quick ratio of 1.12, a current ratio of 2.17 and a debt-to-equity ratio of 99.33. Silver X Mining has a 52-week low of C$0.27 and a 52-week high of C$1.61. The stock’s fifty day simple moving average is C$0.69 and its 200-day simple moving average is C$0.86. The company has a market capitalization 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.