Amex Exploration (CVE:AMX) Trading 1.2% Higher – Should You Buy?

Amex Exploration Inc. (CVE:AMXGet Free Report)’s share price was up 1.2% during trading on Friday . The company traded as high as C$4.45 and last traded at C$4.34. Approximately 108,897 shares were traded during mid-day trading, a decline of 46% from the average daily volume of 201,396 shares. The stock had previously closed at C$4.29.

Wall Street Analysts Forecast Growth

Separately, National Bank Financial set a C$6.50 price objective on Amex Exploration and gave the company an “outperform” rating in a research note on Friday, May 22nd. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Amex Exploration has a consensus rating of “Buy” and an average price target of C$5.25.

Get Our Latest Stock Analysis on AMX

Amex Exploration Stock Up 1.2%

The company has a market cap of C$675.21 million, a PE ratio of -67.81 and a beta of 3.33. The company has a 50-day moving average of C$4.70 and a 200-day moving average of C$4.35.

Amex Exploration Company Profile

(Get Free Report)

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. The company was formerly known as Coleraine Mining Resources, Inc Amex Exploration Inc was incorporated in 1986 and is based in Montreal, Canada.

Further Reading

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