Amex Exploration (CVE:AMX) Trading 3.5% Higher

Amex Exploration Inc. (CVE:AMX) traded up 3.5% during trading on Wednesday . The stock traded as high as C$1.50 and last traded at C$1.49. 113,055 shares were traded during mid-day trading, an increase of 48% from the average session volume of 76,616 shares. The stock had previously closed at C$1.44.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on AMX shares. Canaccord Genuity Group raised their price objective on Amex Exploration from C$3.50 to C$4.25 in a report on Tuesday, April 23rd. Ventum Financial decreased their price target on shares of Amex Exploration from C$3.25 to C$3.05 in a research note on Tuesday, May 28th.

Amex Exploration Price Performance

The stock has a market cap of C$172.40 million, a price-to-earnings ratio of 182.00 and a beta of 1.78. The firm has a fifty day moving average of C$1.61 and a 200 day moving average of C$1.59.

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.