Amex Exploration (CVE:AMX) Rating Increased to Strong-Buy at Ventum Cap Mkts

Ventum Cap Mkts upgraded shares of Amex Exploration (CVE:AMX) from a hold rating to a strong-buy rating in a research note released on Monday morning,Zacks.com reports.

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

Amex Exploration Stock Performance

CVE:AMX opened at C$1.14 on Monday. Amex Exploration has a fifty-two week low of C$1.05 and a fifty-two week high of C$2.08. The company has a 50 day moving average price of C$1.18 and a 200 day moving average price of C$1.47. The stock has a market capitalization of C$131.08 million, a P/E ratio of 114.00 and a beta of 1.95.

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.