Amex Exploration (CVE:AMX) Hits New 12-Month High – Here’s Why

Amex Exploration Inc. (CVE:AMX) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$4.07 and last traded at C$4.03, with a volume of 85663 shares changing hands. The stock had previously closed at C$3.99.

Wall Street Analysts Forecast Growth

Separately, Haywood Securities raised their price objective on Amex Exploration from C$3.00 to C$4.00 in a research report on Monday, September 8th.

Amex Exploration Stock Up 0.3%

The business has a 50-day simple moving average of C$3.04 and a two-hundred day simple moving average of C$2.35. The stock has a market capitalization of C$566.66 million, a P/E ratio of -95.24 and a beta of 2.80.

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.