Amex Exploration (CVE:AMX) Hits New 12-Month Low – Here’s Why

Amex Exploration Inc. (CVE:AMX) hit a new 52-week low on Monday . The stock traded as low as C$0.88 and last traded at C$0.89, with a volume of 158544 shares changing hands. The stock had previously closed at C$0.91.

Amex Exploration Price Performance

The firm’s 50-day simple moving average is C$0.99 and its 200 day simple moving average is C$1.10. The firm has a market capitalization of C$113.44 million, a price-to-earnings ratio of 89.13 and a beta of 1.95.

Insider Transactions at Amex Exploration

In other Amex Exploration news, Director Victor Cantore acquired 30,000 shares of the company’s stock in a transaction on Tuesday, January 28th. The shares were purchased at an average cost of C$1.03 per share, with a total value of C$30,900.00. In the last ninety days, insiders acquired 70,000 shares of company stock valued at $71,900. Corporate insiders own 18.28% of the company’s stock.

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.