Key Points
- Director Jose Maria Garcia Jimenez sold 27,500 Silver X Mining shares at an average price of C$0.90, generating C$24,750. Following the sale, he directly owned 17.14 million shares, a 0.16% reduction in ownership.
- Jimenez also sold 130,000 additional shares in related transactions earlier in September, at prices ranging from C$0.92 to C$0.93.
- Analysts remain optimistic, with the stock carrying a “Strong Buy” average rating and a C$1.65 average price target. AGX recently opened at C$0.80 and has traded between C$0.41 and C$1.61 over the past year.
Silver X Mining Corp. (CVE:AGX - Get Free Report) Director Jose Maria Garcia Jimenez sold 27,500 shares of the company's stock in a transaction on Thursday, September 10th. The shares were sold at an average price of C$0.90, for a total transaction of C$24,750.00. Following the completion of the sale, the director directly owned 17,135,901 shares in the company, valued at approximately C$15,422,310.90. The trade was a 0.16% decrease in their ownership of the stock.
Jose Maria Garcia Jimenez also recently made the following trade(s):
- On Friday, September 11th, Jose Maria Garcia Jimenez sold 10,000 shares of Silver X Mining stock. The stock was sold at an average price of C$0.92, for a total value of C$9,200.00.
- 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.
- 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 value of C$59,800.00.
Silver X Mining Stock Performance
Shares of AGX stock opened at C$0.80 on Wednesday. The stock has a market cap of C$231.81 million, a PE ratio of 80.00 and a beta of 2.94. The business has a 50-day simple moving average of C$0.80 and a 200-day simple moving average of C$0.78. 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.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on AGX. Maxim Group raised Silver X Mining to a "strong-buy" rating in a report on Tuesday, July 21st. Fundamental Research set a C$1.65 price objective on shares of Silver X Mining and gave the stock a "buy" rating in a research note on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to MarketBeat, Silver X Mining has an average rating of "Strong Buy" and an average price target of C$1.65.
Check Out Our Latest Report on AGX
About Silver X Mining
(
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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