Silver X Mining (CVE:AGX) Upgraded by Maxim Group to Strong-Buy Rating

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

Separately, Fundamental Research set a C$1.49 target price on Silver X Mining and gave the stock a “buy” rating in a research report on Friday, July 3rd. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Strong Buy” and an average price target of C$1.49.

Silver X Mining Price Performance

AGX opened at C$0.69 on Tuesday. The stock has a 50-day moving average price of C$0.69 and a 200-day moving average price of C$0.86. Silver X Mining has a 12-month low of C$0.27 and a 12-month high of C$1.61. The company has a current ratio of 2.17, a quick ratio of 1.12 and a debt-to-equity ratio of 99.33. The stock 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.