Silver X Mining Corp. (TSE:AGX) has released an update.
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Silver X Mining Corp. has announced a profitable first quarter for 2024, with $4.8 million in revenue and a positive EBITDA of $0.3 million from its Nueva Recuperada Project in Central Peru. Despite a net loss before tax of $0.9 million, the company remains optimistic, citing improved performance and cost reduction initiatives that are expected to drive growth and shareholder value throughout the year. CEO Jose Garcia expresses satisfaction with the quarter’s operational advancements and the potential for increased performance.
For further insights into TSE:AGX stock, check out TipRanks’ Stock Analysis page.
