Silver X Mining (CVE:AGX) Shares Down 4.4% – Time to Sell?

Shares of Silver X Mining Corp. (CVE:AGX) fell 4.4% during mid-day trading on Tuesday . The stock traded as low as C$0.33 and last traded at C$0.33. 348,938 shares traded hands during mid-day trading, a decline of 27% from the average session volume of 475,370 shares. The stock had previously closed at C$0.34.

Analyst Upgrades and Downgrades

Separately, Fundamental Research set a C$0.80 price target on shares of Silver X Mining and gave the stock a “buy” rating in a research report on Tuesday, April 29th.

Silver X Mining Stock Down 4.4%

The company has a current ratio of 0.35, a quick ratio of 1.12 and a debt-to-equity ratio of 9.00. The stock’s 50-day simple moving average is C$0.23 and its 200-day simple moving average is C$0.19. The firm has a market capitalization of C$45.40 million, a P/E ratio of -4.05 and a beta of 0.57.

Silver X Mining Company Profile

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.