Insider Buying: Amex Exploration Inc. (CVE:AMX) Director Acquires 30,000 Shares of Stock

Amex Exploration Inc. (CVE:AMX) Director Victor Cantore acquired 30,000 shares of Amex Exploration 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.

Amex Exploration Stock Performance

AMX remained flat at C$1.03 during trading on Tuesday. 272,851 shares of the company traded hands, compared to its average volume of 84,637. The firm has a market capitalization of C$118.43 million, a price-to-earnings ratio of 103.00 and a beta of 1.95. The firm’s 50 day moving average price is C$1.12 and its two-hundred day moving average price is C$1.32. Amex Exploration Inc. has a one year low of C$1.00 and a one year high of C$2.08.

Analyst Ratings Changes

Several research firms have weighed in on AMX. Ventum Cap Mkts raised shares of Amex Exploration from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 25th. Ventum Financial upgraded Amex Exploration from a “negative” rating to a “buy” rating and lifted their price target for the company from C$1.10 to C$2.00 in a research note on Monday, November 25th.

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.