Amex Exploration (CVE:AMX) Shares Up 5.6% – Still a Buy?

Amex Exploration Inc. (CVE:AMX) shares shot up 5.6% on Tuesday . The stock traded as high as C$4.00 and last traded at C$3.95. 191,614 shares were traded during trading, an increase of 0% from the average session volume of 191,471 shares. The stock had previously closed at C$3.74.

Amex Exploration Trading Up 5.6%

The business’s fifty day simple moving average is C$4.24 and its 200-day simple moving average is C$3.67. The firm has a market cap of C$559.58 million, a P/E ratio of -94.05 and a beta of 3.04.

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