Amex Exploration (CVE:AMX) Stock Falls 3.1% – Time to Sell?

Amex Exploration Inc. (CVE:AMX) fell 3.1% on Wednesday. The stock traded as low as C$3.75 and last traded at C$3.78. Approximately 45,854 shares were traded during mid-day trading, a decline of 71% from the average session volume of 156,887 shares. The stock had previously closed at C$3.90.

Amex Exploration Stock Performance

The stock has a fifty day moving average of C$4.00 and a 200-day moving average of C$4.27. The company has a market cap of C$556.29 million, a PE ratio of -51.64 and a beta of 3.29.

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