Amex Exploration (CVE:AMX) Stock Rating Lowered by Ventum Financial

Ventum Financial downgraded shares of Amex Exploration (CVE:AMX) from a buy rating to a neutral rating in a report issued on Monday morning, BayStreet.CA reports. Ventum Financial currently has C$1.20 target price on the stock, down from their previous target price of C$3.05.

Separately, Canaccord Genuity Group raised their price target on Amex Exploration from C$4.25 to C$4.50 in a report on Tuesday, July 23rd.

Amex Exploration Price Performance

CVE AMX opened at C$1.18 on Monday. Amex Exploration has a 52-week low of C$0.98 and a 52-week high of C$2.08. The business’s 50-day moving average price is C$1.65 and its 200 day moving average price is C$1.66. The firm has a market cap of C$135.68 million, a P/E ratio of 118.00 and a beta of 2.03.

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.