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

Alternate Symbol(s): AGXPF

Metals & Mining Industrial Metals & Minerals

Silver X Mining Corp. is a Canada-based silver developer and producer. The Company owns the 20,000-hectare Nueva Recuperada Silver District in Central Peru and produces silver, gold, lead and zinc from its Tangana Project. The project includes the Tangana mining unit (Tangana), a precious- and base-metal operation that is in the northern portion of the project comprised of 100-plus veins... see more

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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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