ATEX Resources (CVE:ATX) Shares Down 1% - Here's What Happened

ATEX Resources Inc. (CVE:ATX - Get Free Report)'s stock price fell 1% on Monday . The stock traded as low as C$2.00 and last traded at C$2.05. 83,284 shares traded hands during mid-day trading, a decline of 86% from the average session volume of 603,185 shares. The stock had previously closed at C$2.07.

Analysts Set New Price Targets

Separately, Desjardins raised shares of ATEX Resources to a "moderate buy" rating in a research note on Friday, April 4th.

ATEX Resources Price Performance

The stock's 50-day simple moving average is C$2.16 and its 200 day simple moving average is C$1.83. The stock has a market capitalization of C$572.18 million, a P/E ratio of -14.29 and a beta of 0.57.

ATEX Resources Company Profile

ATEX Resources Inc engages in the exploration and evaluation of mineral properties in South America. Its flagship property is the Valeriano Copper Gold project covering approximately 3,705 hectares located in the north-central Chile. The company was formerly known as Colombia Crest Gold Corp. and changed its name to ATEX Resources Inc in February 2019.

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