Silver X Mining Corp V.AGX

Silver X Mining Corp. is Ramping Up Silver Production

[cmarketinsights]

Silver X Mining Corp. is Ramping Up Silver Production in Peru 

 

We're diving back into AGX as it advances its Nueva Recuperada silver project in Peru. With commercial production underway and expansion plans targeting over 6 Moz AgEq annually, the company’s growth potential looks promising. In Q2-2024, AGX’s production jumped 14% YoY, with cash costs down to $19/oz AgEq and revenues up 34%.

 

Undervalued?AGX trades at a 65% discount to sector peers on an oz basis, and only 28% of its AT-NPV10% ($175M) from its latest PEA. 

 

Read more by FRC analysts here: https://www.researchfrc.com/content/analyst-ideas/post/156/spotlight-on-an-emerging-silver-producer-and-key-updates-from-copper-and-silver-stocks

 

Disclaimer: FRC provides issuer-paid coverage. Past performance is not indicative of future results.