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ATEX Resources (CVE:ATX) Rating Increased to Moderate Buy at Desjardins

ATEX Resources logo with Basic Materials background

ATEX Resources (CVE:ATX - Get Free Report) was upgraded by stock analysts at Desjardins to a "moderate buy" rating in a research report issued on Friday,Zacks.com reports.

ATEX Resources Price Performance

Shares of CVE:ATX traded down C$0.03 during trading on Friday, reaching C$1.96. 261,669 shares of the company's stock traded hands, compared to its average volume of 659,862. The company has a 50 day moving average of C$2.17 and a 200-day moving average of C$1.76. ATEX Resources has a 12 month low of C$1.13 and a 12 month high of C$2.63. The stock has a market capitalization of C$547.06 million, a P/E ratio of -13.66 and a beta of 0.57.

ATEX Resources Company Profile

(Get Free Report)

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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