Amex Exploration (CVE:AMX) Upgraded by Ventum Financial to “Buy” Rating

Ventum Financial upgraded shares of Amex Exploration (CVE:AMX) from a negative rating to a buy rating in a report published on Monday,BayStreet.CA reports. They currently have C$2.00 target price on the stock, up from their prior target price 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 Trading Down 2.6 %

AMX opened at C$1.14 on Monday. The firm has a market capitalization of C$131.08 million, a PE ratio of 114.00 and a beta of 1.95. Amex Exploration has a twelve month low of C$1.05 and a twelve month high of C$2.08. The firm’s 50-day moving average price is C$1.18 and its 200 day moving average price is C$1.47.

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.