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Amex Exploration (CVE:AMX) Trading Down 1.4% - Should You Sell?

Amex Exploration logo with Basic Materials background

Amex Exploration Inc. (CVE:AMX - Get Free Report) shares dropped 1.4% during mid-day trading on Wednesday . The company traded as low as C$1.42 and last traded at C$1.42. Approximately 24,813 shares were traded during trading, a decline of 86% from the average daily volume of 176,373 shares. The stock had previously closed at C$1.44.

Amex Exploration Price Performance

The business's 50-day moving average price is C$1.30 and its 200-day moving average price is C$1.11. The firm has a market capitalization of C$183.73 million, a PE ratio of 144.35 and a beta of 1.95.

Insiders Place Their Bets

In related news, insider 2176423 Ontario Ltd. acquired 436,300 shares of the firm's stock in a transaction on Wednesday, April 23rd. The stock was bought at an average cost of C$1.06 per share, with a total value of C$462,478.00. 18.28% of the stock is currently owned by insiders.

Amex Exploration Company Profile

(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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