Jose Maria Garcia Jimenez Sells 65,000 Shares of Silver X Mining (CVE:AGX) Stock

by · The Markets Daily

Silver X Mining Corp. (CVE:AGX – Get Free Report) Director Jose Maria Garcia Jimenez sold 65,000 shares of the firm’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of C$0.92, for a total value of C$59,800.00. Following the completion of the sale, the director directly owned 17,163,401 shares of the company’s stock, valued at approximately C$15,790,328.92. This trade represents a 0.38% decrease in their position.

Jose Maria Garcia Jimenez also recently made the following trade(s):

  • 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.

Silver X Mining Stock Up 3.3%

CVE:AGX opened at C$0.94 on Thursday. The business’s fifty day moving average price is C$0.79 and its 200 day moving average price is C$0.79. The firm has a market capitalization of C$272.38 million, a price-to-earnings ratio of 94.00 and a beta of 2.94. The company has a current ratio of 1.97, a quick ratio of 1.12 and a debt-to-equity ratio of 94.11. Silver X Mining Corp. has a 1-year low of C$0.41 and a 1-year high of C$1.61.

Analysts Set New Price Targets

A number of research firms have recently issued reports on AGX. Fundamental Research set a C$1.65 price target on shares of Silver X Mining and gave the stock a “buy” rating in a research report on Tuesday, August 18th. Maxim Group raised shares of Silver X Mining to a “strong-buy” rating in a research report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to MarketBeat.com, Silver X Mining has an average rating of “Strong Buy” and a consensus price target of C$1.65.

Read Our Latest Research Report on AGX

Silver X Mining Company Profile

(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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