Amex Exploration Inc. (CVE:AMX – Get Free Report) shares rose 4.5% during mid-day trading on Wednesday . The company traded as high as C$4.49 and last traded at C$4.45. 71,408 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 172,658 shares. The stock had previously closed at C$4.26.
Wall Street Analysts Forecast Growth
Separately, National Bank Financial set a C$6.50 price target on shares of Amex Exploration and gave the company an “outperform” rating in a research report on Friday, May 22nd. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$5.25.
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Amex Exploration Stock Performance
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.
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