Yvon Gelinas Buys 10,000 Shares of Amex Exploration Inc. (CVE:AMX) Stock

Amex Exploration Inc. (CVE:AMX) Director Yvon Gelinas bought 10,000 shares of the firm’s stock in a transaction dated Friday, December 13th. The shares were acquired at an average price of C$1.11 per share, for a total transaction of C$11,100.00.

Yvon Gelinas also recently made the following trade(s):

• On Tuesday, December 17th, Yvon Gelinas acquired 7,900 shares of Amex Exploration stock. The shares were bought at an average cost of C$1.11 per share, for a total transaction of C$8,769.00.

Amex Exploration Price Performance

Shares of CVE AMX opened at C$1.15 on Wednesday. Amex Exploration Inc. has a 1 year low of C$1.05 and a 1 year high of C$2.08. The firm has a 50-day simple moving average of C$1.17 and a two-hundred day simple moving average of C$1.41. The company has a market cap of C$132.23 million, a P/E ratio of 115.00 and a beta of 1.95.

Analyst Ratings Changes

AMX has been the subject of several analyst reports. Ventum Cap Mkts raised Amex Exploration from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 25th. Ventum Financial raised shares of Amex Exploration from a “negative” rating to a “buy” rating and lifted their price objective for the stock from C$1.10 to C$2.00 in a research note on Monday, November 25th.

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.