Amex Exploration (CVE:AMX) Stock Price Up 4.5% – Here’s What Happened

Amex Exploration Inc. (CVE:AMX)’s stock price traded up 4.5% on Wednesday . The stock traded as high as C$4.49 and last traded at C$4.45. 71,408 shares were traded during trading, a decline of 59% from the average session volume of 172,658 shares. The stock had previously closed at C$4.26.

Analyst Upgrades and Downgrades

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

Amex Exploration Stock Up 4.5%

The company has a 50 day moving average of C$4.18 and a 200 day moving average of C$4.34. The firm has a market cap of C$692.33 million, a price-to-earnings ratio of -69.53 and a beta of 3.42.

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.