Silver X Mining (CVE:AGX) Trading Down 13.9% – Here’s Why

Silver X Mining Corp. (CVE:AGXGet Free Report) was down 13.9% during trading on Friday . The company 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 Down 13.9 %

The company has a quick ratio of 1.12, a current ratio of 0.35 and a debt-to-equity ratio of 9.00. The firm has a market cap of C$21.65 million, a price-to-earnings ratio of -1.93 and a beta of 0.57. The stock’s 50 day moving average is C$0.19 and its 200 day moving average is C$0.22.

About Silver X Mining

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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.

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