Silver X Mining (AGX) AI Stock Analysis

• Market Cap: C$115.73M
• Dividend Yield: N/A
• Average Volume (3M): 1.24M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.15
• Revenue Growth: 26.45%
• EPS Growth: 73.84%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.00
• Shares Outstanding: 226,924,840
• 10 Day Avg. Volume: 1,999,033
• 30 Day Avg. Volume: 1,242,294
• PEG Ratio: 0.10
• Price to Book (P/B): 1.34
• Price to Sales (P/S): 1.16
• P/FCF Ratio: -5.14
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$0.50
• Price Target Upside: -1.96% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 51 Neutral
• Price Target: C$0.50 ▼(-1.96% Downside)

The stock's overall score is primarily impacted by its financial performance challenges, including negative profitability and cash flow issues. While technical indicators show positive momentum, the valuation remains unattractive due to ongoing losses.

Silver X Mining Business Overview & Revenue Model

Company Description

Silver X Mining Corp. engages in the exploration, acquisition, and development of mineral properties in the Americas. Its flagship property is the Nueva Recuperada project, a silver, lead, and zinc project covering an area of 20,472 hectares located in Huancavelica, Peru. It also holds interest in the Coriorcco gold project that covers an area of 2,000 hectares located in the Ayacucho region of central Peru. The company was formerly known as Oro X Mining Corp. and changed its name to Silver X Mining Corp. in June 2021. Silver X Mining Corp. was incorporated in 2009 and is based in Vancouver, Canada.

How the Company Makes Money

Silver X Mining generates revenue primarily through the exploration and eventual extraction of silver and gold from its mining properties. The company monetizes its resources by selling the mined metals in the commodities market, capitalizing on fluctuating prices of silver and gold. Additionally, Silver X Mining may engage in strategic partnerships or joint ventures with other mining firms, which can lead to shared resources, reduced operational costs, and enhanced exploration capabilities. The company may also benefit from government incentives for mining operations, as well as potential financing from investments and partnerships that contribute to its overall earnings.

Silver X Mining Financial Statement Overview

Summary

Silver X Mining shows significant revenue growth but struggles with profitability and cash flow management. Negative profit margins and consistent net losses indicate ongoing financial difficulties, despite manageable debt levels.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	16.49M	21.85M	15.67M	13.87M	4.94M	0.00
Gross Profit	1.19M	3.85M	-491.87K	-479.93K	-6.40M	0.00
EBITDA	845.99K	1.68M	-8.04M	-3.22M	-13.39M	-3.80M
Net Income	-1.31M	-4.45M	-12.43M	-9.25M	-15.88M	-3.84M
Balance Sheet
Total Assets	58.06M	53.80M	51.86M	66.27M	66.86M	7.25M
Cash, Cash Equivalents and Short-Term Investments	210.79K	784.43K	484.90K	1.02M	4.51M	1.20M
Total Debt	2.74M	3.16M	1.76M	2.38M	5.76M	0.00
Total Liabilities	37.68M	34.89M	33.15M	27.91M	27.80M	264.79K
Stockholders Equity	20.38M	18.90M	18.71M	38.37M	39.06M	6.99M
Cash Flow
Free Cash Flow	-3.44M	-4.94M	-1.63M	-3.94M	-13.78M	-5.12M
Operating Cash Flow	691.85K	700.69K	1.30M	-2.49M	-11.42M	-3.23M
Investing Cash Flow	-4.14M	-5.64M	-2.93M	-2.68M	-2.19M	-1.89M
Financing Cash Flow	3.15M	4.88M	1.35M	2.33M	13.77M	5.95M

Silver X Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.51
• 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 0.51 is above the 20-day moving average (MA) of 0.43, above the 50-day MA of 0.37, and above the 200-day MA of 0.24, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 61.46 is Neutral, neither overbought nor oversold. The STOCH value of 38.36 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	51 Neutral	C$115.73M	―	-16.32%	―	26.45%	73.84%
GRSL	39 Underperform	124.73M	4.20	0.00%	―	0.00%	0.00%
TOC	39 Underperform	46.74M	-28.57	0.00%	―	0.00%	23.78%
WHY	39 Underperform	44.04M	-11.04	0.00%	―	0.00%	-10.36%
ARS	35 Underperform	46.54M	-13.51	0.00%	―	0.00%	-24.16%
BHS	34 Underperform	14.34M	-3.54	0.00%	―	0.00%	-24.51%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Silver X Mining Corporate Events

Silver X Mining Unveils Positive PEA for Nueva Recuperada Project

Silver X Mining Corp announced a positive Preliminary Economic Assessment (PEA) for its Nueva Recuperada project, highlighting a district-scale operation with a combined mining and processing capacity of 3,000 tonnes per day and annual metal production exceeding 6 million ounces of silver equivalent. The PEA reveals robust project economics with an after-tax NPV of $440 million and an IRR of 69%, supporting the company’s strategic plan to increase production significantly. The company plans to expand its milling facilities and conduct aggressive drilling campaigns to upgrade and expand its resource base, positioning itself as a significant player in the South American polymetallic silver market.

The most recent analyst rating on (TSE:AGX) stock is a Hold with a C$0.50 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 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.