Shares of Amex Exploration Inc. (CVE:AMX - Get Free Report) were down 1.6% on Tuesday . The stock traded as low as C$1.24 and last traded at C$1.24. Approximately 78,033 shares were traded during mid-day trading, a decline of 21% from the average daily volume of 98,819 shares. The stock had previously closed at C$1.26.
Analysts Set New Price Targets
Several equities analysts recently commented on AMX shares. Canaccord Genuity Group raised their target price on Amex Exploration from C$4.25 to C$4.50 in a research report on Tuesday, July 23rd. Ventum Financial downgraded shares of Amex Exploration from a "buy" rating to a "neutral" rating and reduced their target price for the company from C$3.05 to C$1.20 in a research note on Monday, September 9th. Finally, Ventum Cap Mkts lowered shares of Amex Exploration from a "strong-buy" rating to a "hold" rating in a report on Monday, September 9th.
Get Our Latest Report on AMX
Amex Exploration Trading Down 1.6 %
The firm has a market capitalization of C$142.58 million, a price-to-earnings ratio of 124.00 and a beta of 1.95. The firm has a fifty day moving average price of C$1.40 and a 200 day moving average price of C$1.58.
Amex Exploration (CVE:AMX - Get Free Report) last posted its quarterly earnings data on Wednesday, August 21st. The company reported C$0.01 EPS for the quarter. As a group, equities analysts predict that Amex Exploration Inc. will post -0.02 EPS for the current fiscal year.
Amex Exploration Company Profile
(
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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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