Jose Maria Garcia Jimenez Sells 55,000 Shares of Silver X Mining (CVE:AGX) Stock

Silver X Mining Corp. (CVE:AGX – Get Free Report) Director Jose Maria Garcia Jimenez sold 55,000 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of C$0.93, for a total transaction of C$51,150.00. Following the completion of the sale, the director directly owned 17,228,401 shares of the company’s stock, valued at C$16,022,412.93. The trade was a 0.32% decrease in their position.

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

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• 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 transaction of C$59,800.00.

Silver X Mining Stock Performance

Shares of AGX stock opened at C$0.94 on Thursday. The firm has a market cap of C$272.38 million, a price-to-earnings ratio of 94.00 and a beta of 2.94. The company’s 50 day moving average is C$0.79 and its 200 day moving average is C$0.79. 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.

Analyst Ratings Changes

AGX has been the topic of a number of analyst reports. Fundamental Research set a C$1.65 price target on Silver X Mining and gave the company a “buy” rating in a report on Tuesday, August 18th. Maxim Group upgraded Silver X Mining to a “strong-buy” rating in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Strong Buy” and an average price target of C$1.65.

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Silver X Mining Company Profile

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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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