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The latest update is out from Silver X Mining ( (TSE:AGX) ).
Silver X Mining has defined multiple high-grade silver shoots at the Red Silver target within its Nueva Recuperada property in Peru, with underground channel sampling on the Silvia and Rossana veins returning up to 735 g/t silver over 65 metres and 649 g/t silver over 40 metres, alongside notable lead and zinc credits. On the back of these results, the company is launching a 1,200-metre underground diamond drill program and new development on Level 860 to test vertical and lateral continuity of the mineralization, accelerate geological understanding, and support future resource growth and mine planning, signaling potential for a stronger near-term production profile and a more robust long-term growth trajectory for the operation.
The most recent analyst rating on (TSE:AGX) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Silver X Mining stock, see the TSE:AGX Stock Forecast page.
Spark’s Take on TSE:AGX Stock
According to Spark, TipRanks’ AI Analyst, TSE:AGX is a Neutral.
The score is primarily held down by weak financial performance—persistent losses and negative free cash flow outweigh revenue growth. Technicals are supportive with strong trend and positive MACD, but very overbought RSI/Stoch reduce confidence. Valuation is constrained by negative earnings and lack of dividend data.
To see Spark’s full report on TSE:AGX stock, click here.
More about Silver X Mining
Silver X Mining Corp. is a precious metals producer and explorer focused on high-grade silver deposits at its flagship Nueva Recuperada property in Huancavelica, Peru. The company advances underground mine development and exploration in parallel, targeting silver-rich vein systems to support near-term production growth and longer-term resource expansion.
Average Trading Volume: 1,754,823
Technical Sentiment Signal: Buy
Current Market Cap: C$260.4M
Learn more about AGX stock on TipRanks’ Stock Analysis page.