Amex Exploration (OTCMKTS:AMXEF) Shares Up 4.9% – Still a Buy?

Amex Exploration Inc. (OTCMKTS:AMXEF) shares rose 4.9% on Thursday . The company traded as high as $3.24 and last traded at $3.23. 25,447 shares changed hands during mid-day trading, a decline of 39% from the average session volume of 41,549 shares. The stock had previously closed at $3.08.

Amex Exploration Stock Performance

The company has a fifty day moving average price of $2.99 and a two-hundred day moving average price of $3.15.

Amex Exploration Company Profile

Amex Exploration (OTCMKTS: AMXEF) is a Canadian mineral exploration company focused on the acquisition, exploration and development of precious and base metal deposits in Quebec. The company targets gold, copper and silver mineralization through systematic geological mapping, geochemical sampling, geophysical surveys and diamond drilling programs.

The company’s flagship asset is the Perron gold project, situated in the heart of the prolific Abitibi greenstone belt. At Perron, Amex has identified multiple high‐grade zones of gold‐copper‐silver mineralization across several distinct target areas, supported by trenching and drilling results.