Amex Exploration (CVE:AMX) Sets New 52-Week High – Here’s Why

Amex Exploration Inc. (CVE:AMX) reached a new 52-week high during trading on Wednesday . The company traded as high as C$3.13 and last traded at C$3.11, with a volume of 92913 shares changing hands. The stock had previously closed at C$3.06.

Analysts Set New Price Targets

Separately, Haywood Securities boosted their price target on shares of Amex Exploration from C$3.00 to C$4.00 in a report on Monday, September 8th.

Amex Exploration Trading Up 2.3%

The firm has a market cap of C$443.41 million, a PE ratio of -74.52 and a beta of 2.61. The firm has a fifty day moving average price of C$2.77 and a 200 day moving average price of C$2.12.

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.