Key Points
- Director Jose Maria Garcia Jimenez sold 55,000 Silver X Mining shares at an average price of C$0.93, generating C$51,150. He subsequently owned 17,228,401 shares, and also sold 65,000 shares the following day at C$0.92.
- Silver X Mining shares opened at C$0.91, compared with 50-day and 200-day moving averages of C$0.78 and C$0.79, respectively. The company has a market capitalization of approximately C$263.7 million and a 12-month trading range of C$0.41 to C$1.61.
- Analysts remain bullish, with ratings including one Strong Buy and one Buy, while the reported average price target is C$1.65.
Silver X Mining Corp. (CVE:AGX - Get Free Report) Director Jose Maria Garcia Jimenez sold 55,000 shares of the stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of C$0.93, for a total value of C$51,150.00. Following the transaction, the director owned 17,228,401 shares in the company, valued at C$16,022,412.93. This trade represents a 0.32% decrease in their position.
Jose Maria Garcia Jimenez also recently made the following trade(s):
- On Friday, September 4th, Jose Maria Garcia Jimenez sold 65,000 shares of Silver X Mining stock. The stock was sold at an average price of C$0.92, for a total transaction of C$59,800.00.
Silver X Mining Price Performance
Shares of Silver X Mining stock opened at C$0.91 on Wednesday. The business has a 50 day simple moving average of C$0.78 and a two-hundred day simple moving average of C$0.79. Silver X Mining Corp. has a 12 month low of C$0.41 and a 12 month high of C$1.61. The stock has a market capitalization of C$263.69 million, a P/E ratio of 91.00 and a beta of 2.94. The company has a debt-to-equity ratio of 94.11, a current ratio of 1.97 and a quick ratio of 1.12.
Analyst Ratings Changes
Several brokerages have recently weighed in on AGX. Fundamental Research set a C$1.65 price target on shares of Silver X Mining and gave the company a "buy" rating in a research report 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 assigned a Buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Strong Buy" and an average price target of C$1.65.
Read Our Latest Report on Silver X Mining
Silver X Mining Company Profile
(
Get Free Report)
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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