Amex Exploration Inc. (CVE:AMX - Get Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$1.00 and last traded at C$1.00, with a volume of 28820 shares changing hands. The stock had previously closed at C$1.00.
Analyst Ratings Changes
AMX has been the subject of several recent analyst reports. Ventum Cap Mkts upgraded Amex Exploration from a "hold" rating to a "strong-buy" rating in a research note on Monday, November 25th. Ventum Financial upgraded Amex Exploration from a "negative" rating to a "buy" rating and boosted their target price for the stock from C$1.10 to C$2.00 in a research note on Monday, November 25th.
View Our Latest Stock Report on Amex Exploration
Amex Exploration Price Performance
The firm has a 50 day moving average of C$1.07 and a two-hundred day moving average of C$1.24. The stock has a market cap of C$123.31 million, a PE ratio of 96.88 and a beta of 1.95.
Insiders Place Their Bets
In other news, Director Victor Cantore purchased 30,000 shares of the business's stock in a transaction on Tuesday, January 28th. The shares were bought at an average price of C$1.03 per share, with a total value of C$30,900.00. Insiders have bought a total of 87,900 shares of company stock valued at $94,119 over the last quarter. Company insiders own 18.28% of the company's stock.
About Amex Exploration
(
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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.
Further Reading
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