Silver X Mining (CVE:AGX) Director Sells C$51,150.00 in Stock

Silver X Mining Corp. (CVE:AGX) Director Jose Maria Garcia Jimenez sold 55,000 shares of the business’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of C$0.93, for a total transaction of C$51,150.00. Following the sale, the director directly owned 17,228,401 shares of the company’s stock, valued at approximately C$16,022,412.93. This 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 Stock Performance

Shares of CVE AGX opened at C$0.90 on Friday. The company has a quick ratio of 1.12, a current ratio of 1.97 and a debt-to-equity ratio of 94.11. The firm’s 50-day moving average price is C$0.79 and its two-hundred day moving average price is C$0.79. Silver X Mining Corp. has a 52-week low of C$0.41 and a 52-week high of C$1.61. The stock has a market capitalization of C$260.79 million, a P/E ratio of 90.00 and a beta of 2.94.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Fundamental Research set a C$1.65 price target on Silver X Mining and gave the stock a “buy” rating in a report on Tuesday, August 18th. Maxim Group upgraded Silver X Mining to a “strong-buy” rating in a research note on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. According to data from MarketBeat.com, Silver X Mining has a consensus rating of “Strong Buy” and an average target price of C$1.65.

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. 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.