Silver X Mining (AGX) AI Stock Analysis

• Market Cap: C$33.37M
• Dividend Yield: N/A
• Average Volume (3M): 627.66K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.44
• Revenue Growth: 35.09%
• EPS Growth: 7.59%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 52
• Industry: Industrial Materials
• EPS (TTM): -0.09
• Shares Outstanding: 222,475,250
• 10 Day Avg. Volume: 582,511
• 30 Day Avg. Volume: 627,658
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 1.17
• Price to Cash Flow (P/CF): 3.10
• P/FCF Ratio: 61.90
• 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$0.98
• Price Target Upside: 553.33% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

Silver X Mining is facing significant financial challenges with negative profitability and cash flow issues. The technical analysis indicates a bearish trend, and the valuation metrics reflect ongoing losses and a lack of dividends. With no recent earnings call or corporate events to provide additional insights, the overall outlook remains negative.

Silver X Mining Business Overview & Revenue Model

Company Description

Silver X Mining (AGX) is a mining company focused on the exploration, development, and production of precious metals, primarily silver, in Latin America. The company operates various mining projects, leveraging advanced technology and sustainable practices to extract and process mineral resources efficiently. Silver X Mining aims to deliver value to its stakeholders by enhancing resource management and contributing to the economic development of the regions where it operates.

How the Company Makes Money

Silver X Mining generates revenue through the extraction and sale of precious metals, with a primary focus on silver. The company owns and operates mining projects where it extracts ore, processes it to obtain silver and other valuable metals, and sells the refined products to commodity markets, metal traders, and industrial end-users. Key revenue streams include direct sales of refined silver and by-products derived from the mining process, such as gold and base metals. The company's earnings are influenced by market prices for silver and other metals, production volumes, and operational efficiencies. Strategic partnerships with local governments and other mining companies can also play a significant role in optimizing production capabilities and expanding market reach.

Silver X Mining Financial Statement Overview

Summary

Silver X Mining faces significant profitability and cash flow challenges, with persistent losses and negative free cash flow. While revenue growth is positive, the overall financial stability is troubling due to consistent negative margins and declining equity. The company must address these issues to improve its financial health.

Income Statement

Silver X Mining shows a challenging financial position with negative gross and net profit margins over the years, indicating consistent losses. The revenue growth rate from 2022 to 2023 is positive at 12.93%, but profitability remains a concern with negative EBIT and EBITDA margins.

Balance Sheet

The debt-to-equity ratio is relatively low, reflecting limited leverage. However, the decline in stockholders' equity from 2022 to 2023 and negative ROE indicate financial instability. The equity ratio decreased significantly, highlighting a weakening financial position.

Cash Flow

Silver X Mining struggles with negative free cash flows, although there is an improvement in operating cash flow in 2023. The operating cash flow to net income ratio is positive, but free cash flow remains negative, indicating cash management challenges.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Mar 2021	Mar 2020
Income Statement		Total Revenue
17.46M	15.67M	13.87M	4.94M	0.00	0.00
	Gross Profit
19.86K	-491.87K	-479.93K	-6.40M	0.00	0.00
	EBIT
-2.56M	-3.93M	-479.93K	-13.39M	-3.81M	-211.96K
	EBITDA
-1.24M	-8.04M	-3.22M	-13.39M	-3.80M	-211.96K
	Net Income Common Stockholders
-11.08M	-12.43M	-9.25M	-15.88M	-3.84M	-281.20K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
295.42K	484.90K	1.02M	4.51M	1.20M	34.89K
	Total Assets
52.76M	51.86M	66.27M	66.86M	7.25M	48.15K
	Total Debt
1.52M	1.76M	2.38M	5.76M	0.00	0.00
	Net Debt
1.22M	1.28M	1.36M	1.25M	-1.20M	-34.89K
	Total Liabilities
34.48M	33.15M	27.91M	27.80M	264.79K	490.21K
	Stockholders Equity
18.28M	18.71M	38.37M	39.06M	6.99M	-442.07K
Cash Flow		Free Cash Flow
-6.43M	-1.63M	-3.94M	-13.78M	-5.12M	―
	Operating Cash Flow
-2.11M	1.30M	-2.49M	-11.42M	-3.23M	-275.64K
	Investing Cash Flow
-2.01M	-2.93M	-2.68M	-2.19M	-1.89M	―
	Financing Cash Flow
2.90M	1.35M	2.33M	13.77M	5.95M	316.43K

Silver X Mining Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AGX, the sentiment is Negative. The current price of 0.15 is below the 20-day moving average (MA) of 0.16, below the 50-day MA of 0.17, and below the 200-day MA of 0.22, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 33.29 is Neutral, neither overbought nor oversold. The STOCH value of 5.76 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:AGX.

Silver X Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SVM	77 Outperform	$1.10B	10.18	11.68%	0.71%	31.23%	110.49%
MAG	54 Neutral	$2.02B	19.13	14.17%	―	―	61.66%
EDR	54 Neutral	$1.37B	―	-7.23%	―	6.18%	-515.57%
Sector *	47 Neutral	$2.44B	-2.84	-22.09%	3.51%	4.02%	-28.91%
USA	44 Neutral	$431.78M	―	-84.12%	―	12.93%	-5.87%
IPT	42 Neutral	C$45.77M	―	-16.38%	―	36.99%	-153.27%
AGX	41 Neutral	C$33.37M	―	-40.04%	―	35.09%	7.59%

Silver X Mining Corporate Events

Silver X Mining Reports Strong Q3 2024 Results

Silver X Mining Corp. has reported a remarkable financial turnaround for Q3 2024, with revenues surging to $5 million compared to $2.1 million in the same period last year. The company also saw a significant reduction in cash costs per tonne, highlighting the successful development of their Tangana mining unit in Central Peru.