Amex Exploration (CVE:AMX) PT Set at C$6.50 by National Bank Financial

Amex Exploration (CVE:AMX) has been assigned a C$6.50 price objective by equities researchers at National Bank Financial in a research report issued to clients and investors on Friday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s target price indicates a potential upside of 40.85% from the company’s current price.

Amex Exploration Stock Down 2.8%

AMX traded down C$0.14 during midday trading on Friday, reaching C$4.62. 122,699 shares of the company’s stock were exchanged, compared to its average volume of 214,819. The firm has a market capitalization of C$659.14 million, a price-to-earnings ratio of -68.88 and a beta of 3.25. The business has a 50-day simple moving average of C$4.43 and a two-hundred day simple moving average of C$4.17. Amex Exploration has a one year low of C$1.25 and a one year high of C$5.34.

About Amex Exploration

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.