Silver X Mining (CVE:AGX) PT Set at C$1.34 by Fundamental Research

Silver X Mining (CVE:AGX) has been assigned a C$1.34 price objective by equities research analysts at Fundamental Research in a report released on Tuesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Fundamental Research’s target price points to a potential upside of 71.79% from the stock’s current price.

Silver X Mining Stock Performance

Shares of AGX traded down C$0.01 during trading hours on Tuesday, hitting C$0.78. The company had a trading volume of 598,160 shares, compared to its average volume of 943,307. The business has a fifty day moving average of C$0.57 and a 200-day moving average of C$0.42. The company has a quick ratio of 1.12, a current ratio of 0.35 and a debt-to-equity ratio of 9.00. The firm has a market cap of C$213.82 million, a price-to-earnings ratio of -48.57 and a beta of 1.91. Silver X Mining has a 12 month low of C$0.12 and a 12 month high of C$0.85.

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.