Silver X Mining (CVE:AGX) Trading Down 13.9% – Time to Sell?

Silver X Mining Corp. (CVE:AGXGet Free Report) shares dropped 13.9% during mid-day trading on Saturday . The company traded as low as C$0.15 and last traded at C$0.16. Approximately 1,568,296 shares were traded during mid-day 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 Trading 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 company has a 50-day moving average price of C$0.19 and a 200 day moving average price of 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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