Brokers Issue Forecasts for ATEX Resources FY2025 Earnings

ATEX Resources Inc. (CVE:ATX) – Research analysts at Desjardins issued their FY2025 earnings per share estimates for ATEX Resources in a research note issued on Thursday, November 6th. Desjardins analyst B. Adams anticipates that the company will post earnings per share of ($0.19) for the year. Desjardins has a “Moderate Buy” rating on the stock. Desjardins also issued estimates for ATEX Resources’ FY2026 earnings at ($0.18) EPS and FY2027 earnings at ($0.17) EPS.

ATX has been the topic of several other reports. Ventum Cap Mkts raised shares of ATEX Resources to a “strong-buy” rating in a report on Tuesday, October 21st. Stifel Nicolaus upped their price target on shares of ATEX Resources from C$4.00 to C$4.50 in a research report on Tuesday, October 21st. Finally, BMO Capital Markets set a C$4.00 price objective on ATEX Resources and gave the stock an “outperform” rating in a report on Monday. Two analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Strong Buy” and a consensus target price of C$4.25.

ATEX Resources Stock Performance

ATEX Resources stock opened at C$2.49 on Monday. The stock has a market capitalization of C$747.79 million, a P/E ratio of -9.96 and a beta of 1.90. The company’s fifty day moving average price is C$2.55 and its 200 day moving average price is C$2.29. ATEX Resources has a 1 year low of C$1.41 and a 1 year high of C$3.10.

ATEX Resources Company Profile

ATEX Resources Inc engages in the exploration and evaluation of mineral properties in South America. Its flagship property is the Valeriano Copper Gold project covering approximately 3,705 hectares located in the north-central Chile. The company was formerly known as Colombia Crest Gold Corp. and changed its name to ATEX Resources Inc in February 2019.