Amex Exploration (CVE:AMX) Trading Down 5.1% - Time to Sell?

Amex Exploration Inc. (CVE:AMX - Get Free Report)'s stock price traded down 5.1% during trading on Monday . The stock traded as low as C$1.12 and last traded at C$1.12. 80,676 shares were traded during mid-day trading, a decline of 54% from the average session volume of 174,193 shares. The stock had previously closed at C$1.18.

Amex Exploration Stock Down 5.1%

The firm's 50 day simple moving average is C$0.98 and its 200 day simple moving average is C$1.06. The company has a market cap of C$138.10 million, a price-to-earnings ratio of 108.51 and a beta of 1.95.

Insider Buying and Selling at Amex Exploration

In related news, insider 2176423 Ontario Ltd. acquired 436,300 shares of the firm's stock in a transaction dated Wednesday, April 23rd. The stock was acquired at an average cost of C$1.06 per share, for a total transaction of C$462,478.00. Over the last 90 days, insiders have bought 1,575,300 shares of company stock worth $1,487,778. 18.28% of the stock is owned by company insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.