Victor Cantore Acquires 30,000 Shares of Amex Exploration Inc. (CVE:AMX) Stock

Amex Exploration Inc. (CVE:AMX) Director Victor Cantore bought 30,000 shares of the stock in a transaction dated Tuesday, January 28th. The shares were purchased at an average price of C$1.03 per share, for a total transaction of C$30,900.00.

Amex Exploration Price Performance

Shares of CVE:AMX remained flat at C$1.03 during midday trading on Tuesday. 272,851 shares of the stock traded hands, compared to its average volume of 84,637. The company has a market capitalization of C$118.43 million, a P/E ratio of 103.00 and a beta of 1.95. The stock has a fifty day moving average price of C$1.12 and a 200-day moving average price of C$1.32. Amex Exploration Inc. has a one year low of C$1.00 and a one year high of C$2.08.

Wall Street Analysts Forecast Growth

AMX has been the topic of several research reports. Ventum Cap Mkts upgraded shares of Amex Exploration from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 25th. Ventum Financial upgraded Amex Exploration from a “negative” rating to a “buy” rating and boosted their price target for the company from C$1.10 to C$2.00 in a research note on Monday, November 25th.

Amex Exploration Company Profile

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.