Amex Exploration (CVE:AMX) Price Target Increased to C$4.25 by Analysts at Canaccord Genuity Group

Amex Exploration (CVE:AMX) had its price objective hoisted by analysts at Canaccord Genuity Group from C$3.50 to C$4.25 in a research note issued on Tuesday, BayStreet.CA reports. Canaccord Genuity Group’s price objective suggests a potential upside of 127.27% from the stock’s current price.

Amex Exploration Price Performance

Shares of CVE AMX remained flat at C$1.87 on Tuesday. 41,400 shares of the stock were exchanged, compared to its average volume of 86,042. Amex Exploration has a one year low of C$0.98 and a one year high of C$2.20. The company has a market capitalization of C$214.92 million, a PE ratio of 187.00 and a beta of 1.79. The firm’s fifty day moving average is C$1.64 and its 200 day moving average is C$1.40.

Amex Exploration (CVE:AMX) last posted its quarterly earnings data on Tuesday, March 26th. The company reported C($0.02) EPS for the quarter. As a group, analysts anticipate that Amex Exploration will post -0.02 earnings per share for the current year.

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.