Silver X Q3 Output Jumps 42% AgEq, Gold Up 119% as 1,000 tpd Expansion Nears
AGXPF has more than doubled off its 52-week low of $0.294.
Summary
Silver X reported Q3 2026 production with AgEq processed up 42% YoY to 322,822 oz and gold up 119% to 1,641 oz, driven by a 63% increase in throughput to 54,681 MT. The quarter was shaped by the 1,000 tpd plant expansion, which limited throughput to 594 tpd versus 684 tpd in Q2, but the company expects to reach 1,000 tpd in Q4, a 33% capacity step-up. The Tangana mine built a ~6,000 MT stockpile ahead of the plant, positioning for higher output. This is the first report of Q3 results and expansion progress, with no prior news in the timeline. The company is on track toward its 6 million AgEq oz annual target by 2029.
At the time of this announcement, AGXPF was trading at $0.60 on OTC in the Energy & Transportation sector, with a market capitalization of approximately $173.2M. The 52-week trading range was $0.29 to $1.18. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: ACCESS Newswire.