Yvon Gelinas Acquires 10,000 Shares of Amex Exploration Inc. (CVE:AMX) Stock

Amex Exploration Inc. (CVE:AMX) Director Yvon Gelinas acquired 10,000 shares of the company’s stock in a transaction on Friday, December 13th. The shares were acquired at an average price of C$1.11 per share, for a total transaction of C$11,100.00.

Amex Exploration Trading Down 2.6 %

CVE:AMX traded down C$0.03 during mid-day trading on Monday, hitting C$1.11. The stock had a trading volume of 41,240 shares, compared to its average volume of 105,157. The company has a 50 day simple moving average of C$1.18 and a 200-day simple moving average of C$1.41. The stock has a market capitalization of C$127.63 million, a price-to-earnings ratio of 112.00 and a beta of 1.95. Amex Exploration Inc. has a 52 week low of C$1.05 and a 52 week high of C$2.08.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Ventum Cap Mkts raised shares of Amex Exploration from a “hold” rating to a “strong-buy” rating in a report on Monday, November 25th. Ventum Financial upgraded shares of Amex Exploration from a “negative” rating to a “buy” rating and upped their target price for the company from C$1.10 to C$2.00 in a research note on Monday, November 25th.

About Amex Exploration

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.