Fundamental Research Reiterates “C$1.49” Price Target for Silver X Mining (CVE:AGX)

Silver X Mining (CVE:AGX – Get Free Report) has been given a C$1.49 price target by equities research analysts at Fundamental Research in a research note issued to investors on Friday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Fundamental Research’s price target indicates a potential upside of 115.94% from the stock’s previous close.

Silver X Mining Stock Performance

CVE:AGX remained flat at C$0.69 during mid-day trading on Friday. 309,140 shares of the company traded hands, compared to its average volume of 1,414,605. Silver X Mining has a 52-week low of C$0.27 and a 52-week high of C$1.61. The company has a debt-to-equity ratio of 99.33, a current ratio of 2.17 and a quick ratio of 1.12. The firm has a market cap of C$191.08 million, a P/E ratio of -69.00 and a beta of 2.61. The company has a fifty day simple moving average of C$0.73 and a two-hundred day simple moving average of C$0.89.

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About Silver X Mining

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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.

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