Jose Maria Garcia Jimenez Sells 27,500 Shares of Silver X Mining (CVE:AGX) Stock

Silver X Mining Corp. (CVE:AGX) Director Jose Maria Garcia Jimenez sold 27,500 shares of the company’s stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of C$0.90, for a total value of C$24,750.00. Following the completion of the transaction, the director owned 17,135,901 shares in the company, valued at C$15,422,310.90. This represents a 0.16% decrease in their ownership of the stock.

Jose Maria Garcia Jimenez also recently made the following trade(s):

• On Friday, September 11th, Jose Maria Garcia Jimenez sold 10,000 shares of Silver X Mining stock. The stock was sold at an average price of C$0.92, for a total value of C$9,200.00.
• On Thursday, September 3rd, Jose Maria Garcia Jimenez sold 55,000 shares of Silver X Mining stock. The shares were sold at an average price of C$0.93, for a total value of C$51,150.00.
• On Friday, September 4th, Jose Maria Garcia Jimenez sold 65,000 shares of Silver X Mining stock. The shares were sold at an average price of C$0.92, for a total value of C$59,800.00.

Silver X Mining Stock Performance

Shares of Silver X Mining stock opened at C$0.83 on Thursday. The firm has a market cap of C$240.51 million, a PE ratio of 83.00 and a beta of 2.94. The company has a quick ratio of 1.12, a current ratio of 1.97 and a debt-to-equity ratio of 94.11. Silver X Mining Corp. has a 52 week low of C$0.41 and a 52 week high of C$1.61. The business’s fifty day simple moving average is C$0.81 and its 200-day simple moving average is C$0.78.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on AGX. Fundamental Research set a C$1.65 price objective on shares of Silver X Mining and gave the company a “buy” rating in a report on Tuesday, August 18th. Maxim Group upgraded shares of Silver X Mining to a “strong-buy” rating in a report on Tuesday, July 21st. Finally, Ventum Financial set a C$1.60 price target on shares of Silver X Mining and gave the stock a “buy” rating in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of C$1.62.

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.