Amex Exploration (CVE:AMX) Hits New 1-Year High – Should You Buy?

by · The Markets Daily

Amex Exploration Inc. (CVE:AMXGet Free Report)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as C$4.43 and last traded at C$4.38, with a volume of 186736 shares changing hands. The stock had previously closed at C$4.11.

Amex Exploration Stock Up 5.2%

The company’s 50 day simple moving average is C$3.58 and its 200-day simple moving average is C$2.71. The firm has a market cap of C$692.75 million, a P/E ratio of -116.43 and a beta of 3.18.

About Amex Exploration

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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. The company was formerly known as Coleraine Mining Resources, Inc Amex Exploration Inc was incorporated in 1986 and is based in Montreal, Canada.

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