Amex Exploration (CVE:AMX) Trading 3.5% Higher

Amex Exploration Inc. (CVE:AMX) shot up 3.5% during trading on Wednesday . The company traded as high as C$1.50 and last traded at C$1.49. 113,055 shares traded hands during trading, an increase of 48% from the average session volume of 76,616 shares. The stock had previously closed at C$1.44.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on AMX shares. Ventum Financial decreased their price objective on Amex Exploration from C$3.25 to C$3.05 in a research report on Tuesday, May 28th. Canaccord Genuity Group increased their price target on Amex Exploration from C$3.50 to C$4.25 in a report on Tuesday, April 23rd.

Amex Exploration Stock Down 0.7 %

The firm has a market cap of C$172.40 million, a PE ratio of 182.00 and a beta of 1.78. The business has a 50 day simple moving average of C$1.61 and a two-hundred day simple moving average of C$1.59.

Amex Exploration Company Profile

Amex Exploration Inc, together with its subsidiaries, engages in the exploration of gold mining properties in Canada. The company holds interest in the Perron project and the Lebel-sur-Quévillon project located in Quebec. It also holds interest in the Eastmain River South, North, and Central projects located in Chibougamau, Quebec.