Silver X Mining (CVE:AGX) Trading Down 13.6% – Should You Sell?

Silver X Mining Corp. (CVE:AGX)’s stock price fell 13.6% during trading on Thursday . The company traded as low as C$0.28 and last traded at C$0.29. 287,396 shares traded hands during trading, a decline of 29% from the average session volume of 402,378 shares. The stock had previously closed at C$0.33.

Silver X Mining Price Performance

The stock’s 50-day moving average is C$0.24 and its 200 day moving average is C$0.25. The company has a debt-to-equity ratio of 5.87, a current ratio of 0.48 and a quick ratio of 1.12. The company has a market cap of C$53.10 million, a PE ratio of -2.41 and a beta of 0.57.

Silver X Mining (CVE:AGX) last issued its quarterly earnings data on Thursday, August 29th. The company reported C($0.01) EPS for the quarter. Silver X Mining had a negative net margin of 67.13% and a negative return on equity of 38.93%. The business had revenue of C$8.54 million for the quarter. On average, equities analysts anticipate that Silver X Mining Corp. will post 0.0459662 earnings per share for the current fiscal 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.