Amex Exploration (CVE:AMX) Hits New 12-Month Low at $1.65

Amex Exploration Inc. (CVE:AMXGet Rating) reached a new 52-week low during trading on Wednesday . The company traded as low as C$1.65 and last traded at C$1.68, with a volume of 30541 shares changing hands. The stock had previously closed at C$1.75.

Separately, Canaccord Genuity Group set a C$4.00 target price on shares of Amex Exploration and gave the company a “speculative buy” rating in a research report on Tuesday, May 10th.

The stock’s 50-day moving average is C$2.34 and its 200 day moving average is C$2.75. The stock has a market capitalization of C$170.21 million and a PE ratio of -151.82.

Amex Exploration (CVE:AMXGet Rating) last issued its quarterly earnings data on Tuesday, May 10th. The company reported C$0.01 earnings per share (EPS) for the quarter.

In other Amex Exploration news, Director Victor Cantore bought 20,000 shares of the company’s stock in a transaction on Tuesday, June 28th. The shares were bought at an average price of C$1.69 per share, for a total transaction of C$33,876.00. Following the transaction, the director now owns 4,634,308 shares of the company’s stock, valued at approximately C$7,849,590.89.

Amex Exploration Company Profile (CVE:AMX)

Amex Exploration Inc, a junior mining exploration company, acquires, explores, and develops gold projects in Canada. Its flagship property is the 100% owned Perron gold project that consists of 117 mining claims covering an area of 4,836 hectares situated in Rouyn-Noranda, Quebec. It also holds interest in Lebel-Sur-Quévillon and Eastmain River projects located in the Abitibi region of Quebec and elsewhere in the province.

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