ATEX Resources (CVE:ATX) Upgraded to “Moderate Buy” at Desjardins

ATEX Resources (CVE:ATX) was upgraded by equities researchers at Desjardins to a “moderate buy” rating in a report released on Friday,Zacks.com reports.

ATEX Resources Stock Performance

CVE ATX opened at C$1.96 on Friday. The company has a market cap of C$547.06 million, a P/E ratio of -13.66 and a beta of 0.57. The business’s 50 day moving average price is C$2.18 and its 200-day moving average price is C$1.75. ATEX Resources has a fifty-two week low of C$1.13 and a fifty-two week high of C$2.63.

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.