Amex Exploration Inc. (CVE:AMX) Director Victor Cantore Acquires 30,000 Shares

Amex Exploration Inc. (CVE:AMX) Director Victor Cantore bought 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 28th. The stock was purchased at an average cost of C$1.03 per share, with a total value of C$30,900.00.

Amex Exploration Price Performance

Shares of AMX stock opened at C$1.03 on Wednesday. The firm’s 50-day simple moving average is C$1.11 and its 200-day simple moving average is C$1.31. Amex Exploration Inc. has a 1-year low of C$1.00 and a 1-year high of C$2.08. The firm has a market cap of C$118.43 million, a P/E ratio of 103.00 and a beta of 1.95.

Wall Street Analysts Forecast Growth

AMX has been the subject of a number of analyst reports. Ventum Financial raised shares of Amex Exploration from a “negative” rating to a “buy” rating and boosted their price objective for the company from C$1.10 to C$2.00 in a research report on Monday, November 25th. Ventum Cap Mkts upgraded Amex Exploration from a “hold” rating to a “strong-buy” rating in a report on Monday, November 25th.

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.