Amex Exploration (CVE:AMX) Rating Increased to Buy at Ventum Financial

Ventum Financial upgraded shares of Amex Exploration (CVE:AMX) from a negative rating to a buy rating in a research note published on Monday,BayStreet.CA reports. They currently have C$2.00 price target on the stock, up from their previous price target of C$1.10.

Separately, Ventum Cap Mkts cut shares of Amex Exploration from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 9th.

Amex Exploration Stock Performance

AMX opened at C$1.14 on Monday. Amex Exploration has a fifty-two week low of C$1.05 and a fifty-two week high of C$2.08. The company has a fifty day moving average of C$1.18 and a two-hundred day moving average of C$1.47. The stock has a market capitalization of C$131.08 million, a price-to-earnings ratio of 114.00 and a beta of 1.95.

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.