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Amex Exploration (CVE:AMX) Hits New 1-Year High - Time to Buy?

Amex Exploration logo with Basic Materials background

Key Points

  • Amex Exploration Inc. reached a new 52-week high of C$2.65, marking a significant increase from the previous close of C$2.31.
  • The company has a market cap of C$318.27 million and a price-to-earnings ratio of -104.00, indicating potential investment risks.
  • Amex Exploration specializes in the exploration of gold mining properties in Canada, with key projects located in Quebec.
  • MarketBeat previews top five stocks to own in October.

Amex Exploration Inc. (CVE:AMX - Get Free Report) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as C$2.65 and last traded at C$2.58, with a volume of 282331 shares trading hands. The stock had previously closed at C$2.31.

Amex Exploration Trading Down 1.1%

The firm has a market capitalization of C$370.79 million, a PE ratio of -104.80 and a beta of 2.21. The firm has a 50 day simple moving average of C$1.93 and a 200 day simple moving average of C$1.40.

About Amex Exploration

(Get Free Report)

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.

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