Silver X Mining (CVE:AGX) Director Jose Maria Garcia Jimenez Sells 65,000 Shares of Stock

Silver X Mining Corp. (CVE:AGX) Director Jose Maria Garcia Jimenez sold 65,000 shares of Silver X Mining stock in a transaction on Friday, September 4th. The shares were sold at an average price of C$0.92, for a total value of C$59,800.00. Following the transaction, the director owned 17,163,401 shares in the company, valued at C$15,790,328.92. This trade represents a 0.38% decrease in their ownership of the stock.

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

• 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.

Silver X Mining Stock Performance

AGX traded down C$0.02 during midday trading on Tuesday, reaching C$0.92. The company had a trading volume of 357,107 shares, compared to its average volume of 1,207,250. The business has a 50-day moving average of C$0.78 and a two-hundred day moving average of 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 1 year low of C$0.41 and a 1 year high of C$1.61. The company has a market cap of C$263.89 million, a P/E ratio of 92.00 and a beta of 2.94.

Analyst Upgrades and Downgrades

A number of research firms have commented on AGX. Fundamental Research set a C$1.65 target price on shares of Silver X Mining and gave the stock a “buy” rating in a research note on Tuesday, August 18th. Maxim Group raised shares of 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 issued a Buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Strong Buy” and a consensus target price of C$1.65.

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.