Amex Exploration (CVE:AMX) Shares Up 1.8% - Here's What Happened

Amex Exploration Inc. (CVE:AMX - Get Free Report) was up 1.8% on Monday . The company traded as high as C$1.14 and last traded at C$1.11. Approximately 148,717 shares traded hands during trading, an increase of 8% from the average daily volume of 137,107 shares. The stock had previously closed at C$1.09.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on AMX. Ventum Financial raised Amex Exploration from a "negative" rating to a "buy" rating and increased their price target for the stock from C$1.10 to C$2.00 in a research report on Monday, November 25th. Ventum Cap Mkts upgraded shares of Amex Exploration from a "hold" rating to a "strong-buy" rating in a report on Monday, November 25th.

Amex Exploration Price Performance

The stock has a market capitalization of C$127.63 million, a price-to-earnings ratio of 111.00 and a beta of 1.95. The firm has a fifty day moving average of C$1.15 and a 200 day moving average of C$1.35.

About Amex Exploration

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.