Amex Exploration (CVE:AMX) Upgraded by Ventum Cap Mkts to “Strong-Buy” Rating

Amex Exploration (CVE:AMX) was upgraded by stock analysts at Ventum Cap Mkts from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Separately, Ventum Financial raised shares of Amex Exploration from a “negative” rating to a “buy” rating and raised their price target for the company from C$1.10 to C$2.00 in a research note on Monday.

Amex Exploration Stock Performance

Amex Exploration stock opened at C$1.14 on Monday. Amex Exploration has a 52 week low of C$1.05 and a 52 week high of C$2.08. The stock has a market capitalization of C$131.08 million, a P/E ratio of 114.00 and a beta of 1.95. The stock has a fifty day moving average of C$1.18 and a 200-day moving average of C$1.47.

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.