Silver X Mining (CVE:AGX) Stock Price Up 2.3% – Should You Buy?

Shares of Silver X Mining Corp. (CVE:AGX) traded up 2.3% during mid-day trading on Thursday . The company traded as high as C$0.24 and last traded at C$0.23. 206,945 shares were traded during trading, a decline of 49% from the average session volume of 404,133 shares. The stock had previously closed at C$0.22.

Silver X Mining Trading Up 4.4 %

The firm has a 50-day simple moving average of C$0.25 and a 200-day simple moving average of C$0.25. The company has a quick ratio of 1.12, a current ratio of 0.48 and a debt-to-equity ratio of 5.87. The stock has a market cap of C$47.08 million, a PE ratio of -2.14 and a beta of 0.57.

Silver X Mining (CVE:AGX) last issued its quarterly earnings data on Thursday, August 29th. The company reported C($0.01) earnings per share (EPS) for the quarter. The company had revenue of C$8.54 million for the quarter. Silver X Mining had a negative return on equity of 38.93% and a negative net margin of 67.13%. Equities analysts forecast that Silver X Mining Corp. will post 0.0459662 earnings per share for the current year.

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.