Amex Exploration (CVE:AMX) Stock Price Down 5.1% - Should You Sell?

Amex Exploration Inc. (CVE:AMX - Get Free Report) shares fell 5.1% on Monday . The company traded as low as C$1.12 and last traded at C$1.12. 80,676 shares traded hands 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 Trading Down 1.8%

The stock's fifty day moving average price is C$0.99 and its two-hundred day moving average price is C$1.06. The firm has a market capitalization of C$131.94 million, a price-to-earnings ratio of 103.66 and a beta of 1.95.

Insider Buying and Selling

In related news, insider 2176423 Ontario Ltd. purchased 436,300 shares of the business's stock in a transaction that occurred on Wednesday, April 23rd. The shares were purchased at an average cost of C$1.06 per share, for a total transaction of C$462,478.00. Insiders have purchased 1,575,300 shares of company stock worth $1,487,778 in the last ninety days. 18.28% of the stock is owned by corporate insiders.

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.