Amex Exploration (CVE:AMX) Sets New 12-Month Low - Here's Why

Amex Exploration Inc. (CVE:AMX - Get Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.83 and last traded at C$0.85, with a volume of 98919 shares traded. The stock had previously closed at C$0.87.

Amex Exploration Stock Performance

The firm has a market cap of C$109.74 million, a price-to-earnings ratio of 86.22 and a beta of 1.95. The business has a fifty day simple moving average of C$0.96 and a 200-day simple moving average of C$1.08.

Insider Activity

In other Amex Exploration news, Director Victor Cantore purchased 30,000 shares of the business's stock in a transaction dated Tuesday, January 28th. The shares were bought at an average price of C$1.03 per share, for a total transaction of C$30,900.00. Insiders bought 70,000 shares of company stock valued at $71,900 over the last quarter. 18.28% of the stock is owned by company insiders.

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.