Amex Exploration (CVE:AMX) Sets New 52-Week Low – Should You Sell?

Amex Exploration Inc. (CVE:AMX)’s stock price reached a new 52-week low on Monday . The stock traded as low as C$0.88 and last traded at C$0.89, with a volume of 158544 shares trading hands. The stock had previously closed at C$0.91.

Amex Exploration Stock Performance

The company has a market cap of C$109.74 million, a P/E ratio of 86.22 and a beta of 1.95. The firm’s 50 day moving average price is C$1.00 and its two-hundred day moving average price is C$1.10.

Insider Buying and Selling at Amex Exploration

In other news, Director Victor Cantore bought 30,000 shares of the stock in a transaction dated Tuesday, January 28th. The shares were bought at an average cost of C$1.03 per share, with a total value of C$30,900.00. Over the last ninety days, insiders purchased 70,000 shares of company stock valued at $71,900. Corporate insiders own 18.28% of the company’s stock.

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.