Amex Exploration (CVE:AMX) Reaches New 1-Year High – Here’s Why

Shares of Amex Exploration Inc. (CVE:AMX) reached a new 52-week high on Monday . The company traded as high as C$4.07 and last traded at C$4.03, with a volume of 85663 shares. The stock had previously closed at C$3.99.

Wall Street Analysts Forecast Growth

Separately, Haywood Securities raised their price target on Amex Exploration from C$3.00 to C$4.00 in a report on Monday, September 8th.

Amex Exploration Price Performance

The company has a market cap of C$539.75 million, a price-to-earnings ratio of -90.71 and a beta of 2.80. The firm has a 50-day moving average price of C$3.08 and a 200 day moving average price of C$2.39.

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.