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Bullboard - Stock Discussion Forum Silver X Mining Corp V.AGX

Alternate Symbol(s):  AGXPF

Silver X Mining Corp. is a Canada-based silver mining company with core operations in Peru. The Company owns the +20,000-hectare Nueva Recuperada Silver District in Central Peru and produces silver, gold, lead, and zinc from the district’s Tangana Mining Unit. The Tangana Mining Unit lies within the Nueva Recuperada project located within the Huachacolpa Mining District, Huancavelica, Peru, 479... see more

TSXV:AGX - Post Discussion

Silver X Mining Corp > We're Soooooo Undervalued – Check These Chart! Excellent Opp
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Post by Swedeprof on Jul 07, 2021 2:35pm

We're Soooooo Undervalued – Check These Chart! Excellent Opp

Ok, when AGX was doing their $14M financing at 60c their EV/Silver Eq Ounces was at $1. But since we are under pressure from a previous PP in 2020, our EV is at ~$42M and as such our EV/AgEqOz is now at $0.61.

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This is a no brainer buy and hold at this price. Production is ramping up quickly over the coming months – In 2022 we will be producing over 2M oz Silver/yr. This puts our EV/Forecasted silver production at the lowest of some peers!

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