Silver X Mining (AGX) AI Stock Analysis

• Market Cap: C$77.87M
• Dividend Yield: N/A
• Average Volume (3M): 410.46K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.56
• Revenue Growth: 45.07%
• EPS Growth: 75.60%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 72
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 222,475,250
• 10 Day Avg. Volume: 451,771
• 30 Day Avg. Volume: 410,464
• PEG Ratio: -0.19
• Price to Book (P/B): 2.63
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -8.63
• Enterprise Value/Market Cap: 0.71
• Enterprise Value/Revenue: 0.84
• Enterprise Value/Gross Profit: 40.03
• Enterprise Value/Ebitda: -8.01
• 1Y Price Target: C$0.76
• Price Target Upside: 117.14% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 50 Neutral
• Price Target: C$0.50 ▲(42.86%Upside)

The score reflects significant financial challenges offset by positive corporate events and moderately positive technical indicators. Despite operational improvements, valuation concerns and financial instability weigh heavily on the overall assessment.

Silver X Mining Business Overview & Revenue Model

Company Description

Silver X Mining (AGX) is a mining company engaged in the exploration, development, and production of silver and other precious metals. The company operates primarily in the mining sector, focusing on the extraction of silver resources from its mining properties. Silver X Mining aims to maximize shareholder value through efficient mining operations and strategic exploration activities.

How the Company Makes Money

Silver X Mining makes money through the extraction and sale of silver and other precious metals from its mining operations. The company's primary revenue stream comes from selling the extracted metals to refineries, which process them for use in various industries such as electronics, jewelry, and investment. Key factors contributing to its earnings include the market prices of silver and other metals, the efficiency of its mining operations, and strategic partnerships with refineries and distributors. Additionally, the company's ability to manage operational costs and optimize production levels plays a significant role in its profitability.

Silver X Mining Financial Statement Overview

Summary

Despite revenue growth, Silver X Mining struggles with profitability and cash flow management, evidenced by negative profit margins and free cash flow, indicating significant financial challenges.

Income Statement

Silver X Mining shows a significant revenue growth from 2023 to 2024, with a revenue increase of approximately 39.5%. However, the company struggles with profitability metrics, as evidenced by negative gross and net profit margins. EBIT and EBITDA margins are also negative, indicating operational challenges. The continuous negative net income suggests ongoing financial difficulties.

Balance Sheet

The company has a relatively low debt-to-equity ratio, suggesting manageable leverage. However, the return on equity is negative due to consistent net losses, indicating poor efficiency in generating returns from shareholders' equity. The equity ratio is moderately healthy, but the declining stockholders' equity over the years signals financial instability.

Cash Flow

Silver X Mining faces challenges in cash flow management, with negative free cash flow indicating more cash outflows than inflows from its operations. The operating cash flow to net income ratio is negative, reflecting inefficient operations. Although financing activities provide cash inflow, the reliance on external funding could pose risks if not managed properly.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Mar 2021
Income Statement
Total Revenue	21.85M	15.67M	13.87M	4.94M	0.00
Gross Profit	-618.76K	-491.87K	-479.93K	-6.40M	0.00
EBITDA	1.68M	-8.04M	-3.22M	-13.39M	-3.80M
Net Income	-4.45M	-12.43M	-9.25M	-15.88M	-3.84M
Balance Sheet
Total Assets	53.80M	51.86M	66.27M	66.86M	7.25M
Cash, Cash Equivalents and Short-Term Investments	784.43K	484.90K	1.02M	4.51M	1.20M
Total Debt	3.16M	1.76M	2.38M	5.76M	0.00
Total Liabilities	34.89M	33.15M	27.91M	27.80M	264.79K
Stockholders Equity	18.90M	18.71M	38.37M	39.06M	6.99M
Cash Flow
Free Cash Flow	-4.94M	-1.63M	-3.94M	-13.78M	-5.12M
Operating Cash Flow	700.69K	1.30M	-2.49M	-11.42M	-3.23M
Investing Cash Flow	-5.64M	-2.93M	-2.68M	-2.19M	-1.89M
Financing Cash Flow	4.88M	1.35M	2.33M	13.77M	5.95M

Silver X Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.35
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AGX, the sentiment is Positive. The current price of 0.35 is above the 20-day moving average (MA) of 0.32, above the 50-day MA of 0.26, and above the 200-day MA of 0.21, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 64.09 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:AGX.

Silver X Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AGX	50 Neutral	C$77.87M	―	-17.86%	―	45.07%	75.60%
Sector *	44 Neutral	C$979.23M	-6.78	-13.73%	1.76%	17.37%	-32.84%
GRSL	39 Underperform	$78.19M	2.97	292.84%	―	―	―
TOC	39 Underperform	C$39.43M	―	-25.75%	―	―	-17.70%
WHY	39 Underperform	C$43.03M	―		―	―	-24.04%
ARS	35 Underperform	$49.33M	―	-26.21%	―	―	13.43%
BHS	34 Underperform	C$15.94M	―	-9999.00%	―	―	-79.49%

Silver X Mining Corporate Events

Silver X Mining Secures $2M Loan for Copper Production Expansion

Silver X Mining Corp has secured a US$2 million prepayment facility and a copper offtake agreement with Trafigura PTE Ltd for its Nueva Recuperada project. This agreement is expected to strengthen Silver X’s balance sheet and accelerate development, particularly in mine development and the construction of a third flotation circuit. The partnership with Trafigura reflects confidence in Silver X’s production capabilities and is anticipated to provide non-dilutive funding, minimizing shareholder dilution. The proceeds will be used for implementing a third flotation circuit to produce copper concentrates with silver and gold contents, as well as for mine development and working capital.

The most recent analyst rating on (TSE:AGX) stock is a Buy with a C$0.80 price target. To see the full list of analyst forecasts on Silver X Mining stock, see the TSE:AGX Stock Forecast page.

Silver X Mining Reports Positive First Quarter Results for 2025

Silver X Mining Corp. reported a positive pre-tax profit for the first quarter of 2025, marking a significant turnaround from previous losses. The company achieved improved operating income, increased mineral resource estimates, and commenced a substantial drilling campaign, positioning itself strongly in the silver market and enhancing value for stakeholders.

The most recent analyst rating on (TSE:AGX) stock is a Buy with a C$0.98 price target. To see the full list of analyst forecasts on Silver X Mining stock, see the TSE:AGX Stock Forecast page.