Silver X Mining (CVE:AGX) Shares Down 13.9% – What’s Next?

Shares of Silver X Mining Corp. (CVE:AGX) dropped 13.9% during trading on Saturday . The stock traded as low as C$0.15 and last traded at C$0.16. Approximately 1,568,296 shares were traded during trading, an increase of 370% from the average daily volume of 333,891 shares. The stock had previously closed at C$0.18.

Silver X Mining Stock Performance

The stock has a market cap of C$21.65 million, a P/E ratio of -1.93 and a beta of 0.57. The company has a debt-to-equity ratio of 9.00, a current ratio of 0.35 and a quick ratio of 1.12. The stock’s 50 day simple moving average is C$0.19 and its two-hundred day simple moving average is C$0.22.

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.