Amex Exploration (CVE:AMX) Stock Price Down 36.6%

Amex Exploration Inc. (CVE:AMX)’s stock price fell 36.6% on Thursday . The stock traded as low as C$1.19 and last traded at C$1.23. 521,298 shares were traded during trading, an increase of 566% from the average session volume of 78,237 shares. The stock had previously closed at C$1.94.

Wall Street Analyst Weigh In

A number of research analysts recently commented on AMX shares. Canaccord Genuity Group upped their target price on Amex Exploration from C$4.25 to C$4.50 in a research note on Tuesday, July 23rd. Ventum Financial reduced their price objective on shares of Amex Exploration from C$3.25 to C$3.05 in a report on Tuesday, May 28th.

Amex Exploration Stock Performance

The company has a 50-day moving average of C$1.67 and a 200 day moving average of C$1.67. The firm has a market cap of C$141.43 million, a P/E ratio of 123.00 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.