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Silver X Mining Corp. - $AGXPF STOCK NEWS

Welcome to our dedicated page for Silver X Mining news (Ticker: $AGXPF), a resource for investors and traders seeking the latest updates and insights on Silver X Mining stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Silver X Mining's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Silver X Mining's position in the market.

Rhea-AI Summary
Silver X Mining Corp. (AGX) announces a partnership with Maverix Metals Inc. to expand the royalty agreement covering the entire Tangana Mining Unit in Central Peru. The agreement includes a restructuring of the prior 3.0% NSR royalty to cover the entire Mine, with Triple Flag Precious Metals Corp. paying US$2,420,000 for the expanded royalty. Triple Flag also secures strategic rights with a Right of First Refusal and a Right of First Offer over future financing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.82%
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Rhea-AI Summary
Silver X Mining Corp. (TSXV:AGX)(OTCQB:AGXPF)(F:AGX) announces a 12-year extension of its social agreement with the Huachocolpa community in Peru, solidifying relations and enabling continued operations at the Nueva Recuperada Project. The agreement encompasses all operational areas, including processing and mining units, and demonstrates the company's commitment to local engagement and support. CEO José García emphasizes the importance of sustainable development and local collaboration for future growth, aligning with the company's 'Sustainable Development Through Mining' principle.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.78%
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Rhea-AI Summary
Silver X Mining Corp. (TSXV:AGX)(OTCQB:AGXPF)(F:AGX) announces operational results for Q3 2023, including the successful processing of 230,444 ounces of silver equivalent in 45 days, with an average head grade of 304.25 g AgEq/t. Monthly metal throughput is back to pre-halt levels in Q3 2022 and Q4 2022. CEO José García expresses satisfaction with production restart and plans for increased throughput in Q4 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
21.84%
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Rhea-AI Summary
Silver X Mining Corp. appoints Jason Tong as CFO, bringing over a decade of executive leadership and finance expertise. Tong's extensive experience is seen as a tremendous asset for the company's next growth phase.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.47%
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management
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Rhea-AI Summary
Silver X announces immediate resumption of mining operations at Nueva Recuperada Project in Central Peru. Operational upgrades aim to enhance efficiency and profitability. Freddy Mayor appointed as COO and General Manager. Significant cost reductions achieved. Stronger alliance with principal contractor established.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.21%
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Rhea-AI Summary
Silver X Mining Corp. announces positive results from AGM
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Silver X Mining Corp. announces participation in upcoming investor conferences and engagement of IR Labs Inc. for investor relations services.
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Rhea-AI Summary
Silver X Mining Corp. reports Q2 2023 financial results for the Nueva Recuperada Project. Revenues increase by 2% compared to Q1 2023 and 46% compared to Q2 2022. Operating loss of $0.4 million due to lower Zinc prices and drop in grades. Net loss before tax of $1.4 million. Cash costs of $20.80 per AgEq ounce produced and AISC of $29.76 per AgEq ounce produced. CEO confident in operational reset. Non-brokered private placement closes with gross proceeds of $313,240. Cash position increases by $0.3 million. General and administrative expenses reduced by $0.4 million. Capital expenditure of $1.4 million for Tangana mining unit. EBITDA loss of $0.6 million. Adjusted EBITDA loss of $0.9 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.3%
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Silver X Mining Corp.

OTC:AGXPF

AGXPF Rankings

AGXPF Stock Data

32.56M
149.39M
29.19%
5.92%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
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