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Silver X Mining
(AGX)
Silver X Mining (AGX) vs. iShares MSCI Canada ETF (EWC)
Silver X Mining Business Overview & Revenue Model
Silver X Mining Financial Statement Overview
| 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 | EBIT |
| -618.76K | -3.93M | -479.93K | -13.39M | -3.81M | EBITDA |
| 1.68M | -8.04M | -3.22M | -13.39M | -3.80M | Net Income Common Stockholders |
| -4.45M | -12.43M | -9.25M | -15.88M | -3.84M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 784.43K | 484.90K | 1.02M | 4.51M | 1.20M | Total Assets |
| 53.80M | 51.86M | 66.27M | 66.86M | 7.25M | Total Debt |
| 3.16M | 1.76M | 2.38M | 5.76M | 0.00 | Net Debt |
| 2.37M | 1.28M | 1.36M | 1.25M | -1.20M | 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
Silver X Mining Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
50 Neutral | $1.98B | -1.07 | -21.34% | 3.71% | 2.03% | -30.65% | |
46 Neutral | C$34.48M | ― | -17.86% | ― | 45.07% | 75.60% | |
39 Underperform | C$39.43M | ― | -25.75% | ― | ― | -17.70% | |
39 Underperform | C$46.60M | ― | ― | ― | -24.04% | ||
34 Underperform | C$13.80M | ― | -9999.00% | ― | ― | -79.49% | |
| $38.55M | 2.46 | 292.84% | ― | ― | ― | ||
| $42.95M | ― | -21.60% | ― | ― | ― |
Silver X Mining Corporate Events
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.
Silver X Mining Corp. reported significant operational and financial improvements for the year 2024, with a positive EBITDA of $1.7 million. The company saw a 39% increase in net operating revenues and a 20% rise in silver equivalent ounces produced, despite a 21.4% increase in realized silver prices. The Tangana Mining Unit’s production stabilized and grew, contributing to the overall success. Looking forward, Silver X plans to bring the new Plata Mining Unit into production by 2026, aiming to enhance its production capacity and market position.
Silver X Mining Corp. has announced the filing of an independent NI 43-101 technical report, confirming a significant increase in the mineral resource estimate for the Nueva Recuperada Project in Peru. The report highlights an 18% increase in measured and indicated resources and a 45% growth in inferred resources, with substantial gains in silver, zinc, and lead content. The Plata Mining Unit, in particular, has shown notable growth, reinforcing its strategic importance within the project. This development positions Silver X as a key player in the South American silver industry, with the potential for long-term value creation and investment opportunities.
Silver X Mining Corp. announced the grant of 450,000 restricted share units and 700,000 stock options to its directors and officers as part of its incentive plan. This move, pending TSX Venture Exchange approval, underscores the company’s commitment to incentivizing leadership as it continues to expand its operations and enhance its market position.
Silver X Mining Corp. has successfully closed a brokered private placement, raising C$3.5 million, including a significant lead order from Palisades Goldcorp Ltd. The funds will be used for capital and exploration expenditures in Peru and for general corporate purposes, enhancing the company’s operational capabilities and market positioning.
Silver X Mining Corp. has announced a brokered private placement agreement with Red Cloud Securities Inc. to raise up to C$3 million through the sale of units, each consisting of a common share and a purchase warrant. The proceeds will be used for capital and exploration expenditures in Peru and for general corporate purposes, potentially impacting the company’s operational capabilities and market position.
Silver X Mining Corp. has announced a substantial increase in the mineral resource estimate for its Nueva Recuperada Property in Peru, particularly at the Plata Mining Unit. The updated estimate reflects an 18% increase in measured and indicated resources and a 45% increase in inferred resources, highlighting the company’s exploration success and commitment to growth. The Plata Mining Unit, a high-grade project, now boasts significant silver, zinc, and lead resources, positioning it as a key asset for Silver X’s future production plans. This development enhances the company’s standing in the South American silver market and indicates potential for continued organic growth.