Fundamental Research Reiterates C$1.65 Price Target for Silver X Mining (CVE:AGX)

Silver X Mining (CVE:AGX) has been given a C$1.65 target price by Fundamental Research in a research report issued on Tuesday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Fundamental Research’s target price would indicate a potential upside of 85.39% from the stock’s current price.

Separately, Maxim Group raised Silver X Mining to a “strong-buy” rating in a report on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Strong Buy” and a consensus price target of C$1.65.

Silver X Mining Stock Performance

AGX traded down C$0.02 on Tuesday, hitting C$0.89. 977,436 shares of the stock traded hands, compared to its average volume of 1,257,415. Silver X Mining has a 52 week low of C$0.29 and a 52 week high of C$1.61. The company has a current ratio of 1.97, a quick ratio of 1.12 and a debt-to-equity ratio of 94.11. The firm has a market capitalization of C$255.28 million, a PE ratio of 89.00 and a beta of 2.81. The business has a fifty day moving average price of C$0.70 and a two-hundred day moving average price of C$0.81.

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.