Amex Exploration (CVE:AMX) Given a C$2.30 Price Target at Pi Financial

Pi Financial set a C$2.30 target price on Amex Exploration (CVE:AMX) in a report released on Wednesday, BayStreet.CA reports. The firm currently has a buy rating on the stock.

CVE AMX traded down C$0.02 on Wednesday, reaching C$1.44. 20,249 shares of the company were exchanged, compared to its average volume of 56,864. The business’s fifty day moving average price is C$1.36 and its 200 day moving average price is C$1.12. The stock has a market capitalization of $79.97 million and a P/E ratio of -12.86. Amex Exploration has a fifty-two week low of C$0.22 and a fifty-two week high of C$1.65.

Amex Exploration Company Profile

Amex Exploration Inc, a junior mining exploration company, primarily explores for gold properties in Canada. It also focuses on base metal exploration. The company's principal projects include the Perron gold project that consists of 116 mining claims covering an area of 4,518 hectares situated in Rouyn Noranda, Quebec; the Eastmain River gold properties, which consists of 135 claims covering an area of 7,102 hectares located in Baie James, Quebec; and the Lebel-sur-Quévillon project comprising 263 claims covering 14,743 hectares area situated in Lebel-sur-Quévillon, Quebec.

Further Reading: Certificate of Deposit (CD) For Risk Adverse Investors?

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