Haywood Securities Analysts Give Amex Exploration (CVE:AMX) a C$4.00 Price Target

Amex Exploration (CVE:AMXGet Rating) has been assigned a C$4.00 price target by stock analysts at Haywood Securities in a note issued to investors on Wednesday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Haywood Securities’ price target would suggest a potential upside of 131.21% from the company’s previous close.

Separately, Canaccord Genuity Group cut their target price on shares of Amex Exploration from C$3.25 to C$3.00 in a research report on Monday, November 7th.

Amex Exploration Trading Up 1.8 %

AMX stock opened at C$1.73 on Wednesday. Amex Exploration has a 1 year low of C$1.45 and a 1 year high of C$3.36. The company has a fifty day simple moving average of C$1.76 and a 200 day simple moving average of C$1.94. The firm has a market cap of C$178.61 million and a PE ratio of -157.27.

Amex Exploration Company Profile

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Amex Exploration Inc, a junior mining exploration company, acquires, explores, and develops gold projects in Canada. Its flagship property is the 100% owned Perron gold project that consists of 117 mining claims covering an area of 4,836 hectares situated in Rouyn-Noranda, Quebec. It also holds interest in Lebel-Sur-Quévillon and Eastmain River projects located in the Abitibi region of Quebec and elsewhere in the province.

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