Amex Exploration (CVE:AMX) Reaches New 1-Year Low – Here’s Why

Amex Exploration Inc. (CVE:AMX)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as C$0.88 and last traded at C$0.89, with a volume of 158544 shares traded. The stock had previously closed at C$0.91.

Amex Exploration Trading Down 2.2 %

The firm has a market capitalization of C$109.74 million, a price-to-earnings ratio of 86.22 and a beta of 1.95. The firm’s 50-day moving average is C$1.00 and its 200 day moving average is C$1.10.

Insider Buying and Selling

In related news, Director Victor Cantore acquired 30,000 shares of the stock in a transaction dated Tuesday, January 28th. The stock was bought at an average cost of C$1.03 per share, for a total transaction of C$30,900.00. Insiders have acquired a total of 70,000 shares of company stock valued at $71,900 over the last 90 days. 18.28% of the stock is owned by insiders.

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.