Silver X Mining (CVE:AGX) Given a C$1.65 Price Target at Fundamental Research

Silver X Mining (CVE:AGX) has been assigned a C$1.65 price objective by Fundamental Research in a report issued on Tuesday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Fundamental Research’s target price indicates a potential upside of 85.39% from the stock’s current price.

Separately, Maxim Group raised Silver X Mining to a “strong-buy” rating in a report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. Based on data from MarketBeat.com, Silver X Mining presently has an average rating of “Strong Buy” and an average price target of C$1.65.

Silver X Mining Price Performance

AGX stock traded down C$0.02 during trading on Tuesday, hitting C$0.89. 977,436 shares of the stock traded hands, compared to its average volume of 1,257,415. Silver X Mining has a one year low of C$0.29 and a one year high of C$1.61. The stock has a market cap of C$255.28 million, a price-to-earnings ratio of 89.00 and a beta of 2.81. The company has a 50 day simple moving average of C$0.70 and a 200 day simple moving average of C$0.81. The company has a current ratio of 1.97, a quick ratio of 1.12 and a debt-to-equity ratio of 94.11.

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. 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.