Amex Exploration (CVE:AMX) Upgraded at Ventum Financial

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

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

Amex Exploration Price Performance

Shares of CVE AMX opened at C$1.15 on Monday. The stock has a market capitalization of C$132.23 million, a price-to-earnings ratio of 115.00 and a beta of 1.95. The firm’s 50 day simple moving average is C$1.18 and its 200-day simple moving average is C$1.47. Amex Exploration has a 12 month low of C$1.05 and a 12 month high of C$2.08.

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.