Silver X Mining (CVE:AGX) Trading 2.3% Higher – Here’s What Happened

Silver X Mining Corp. (CVE:AGX) was up 2.3% during trading on Thursday . The company traded as high as C$0.24 and last traded at C$0.23. Approximately 206,945 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 404,133 shares. The stock had previously closed at C$0.22.

Silver X Mining Stock Up 2.3 %

The stock has a fifty day moving average of C$0.25 and a 200-day moving average of C$0.25. The firm has a market capitalization of C$45.08 million, a price-to-earnings ratio of -2.05 and a beta of 0.57. The company has a current ratio of 0.48, a quick ratio of 1.12 and a debt-to-equity ratio of 5.87.

Silver X Mining (CVE:AGX) last released its earnings results on Thursday, August 29th. The company reported C($0.01) earnings per share for the quarter. The firm had revenue of C$8.54 million during the quarter. Silver X Mining had a negative return on equity of 38.93% and a negative net margin of 67.13%. As a group, sell-side analysts expect that Silver X Mining Corp. will post 0.0459662 EPS for the current year.

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.