Amex Exploration (CVE:AMX) Upgraded at Ventum Financial

Ventum Financial upgraded shares of Amex Exploration (CVE:AMX) from a negative rating to a buy rating in a report published on Monday morning,BayStreet.CA reports. Ventum Financial currently has C$2.00 target price on the stock, up from their prior target price of C$1.10.

Separately, Ventum Cap Mkts cut Amex Exploration from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 9th.

Amex Exploration Stock Performance

CVE:AMX opened at C$1.17 on Monday. The stock has a fifty day moving average price of C$1.18 and a two-hundred day moving average price of C$1.47. The stock has a market capitalization of C$134.53 million, a price-to-earnings ratio of 119.00 and a beta of 1.95. Amex Exploration has a 1 year low of C$1.05 and a 1 year high of C$2.08.

About Amex Exploration

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.