Amex Exploration (CVE:AMX) Shares Up 2.8% - Here's Why

Key Points

• Amex Exploration Inc. stock rose by 2.8% on Friday, closing at C$1.86 after trading as high as C$1.89.
• The company has a market capitalization of C$229.35 million and a price-to-earnings ratio of 180.20.
• Amex Exploration is primarily focused on the exploration of gold mining properties in Quebec, including the Perron and Lebel-sur-Quévillon projects.

Amex Exploration Inc. (CVE:AMX - Get Free Report) traded up 2.8% during trading on Friday . The stock traded as high as C$1.89 and last traded at C$1.86. 110,021 shares were traded during trading, a decline of 31% from the average session volume of 159,091 shares. The stock had previously closed at C$1.81.

Amex Exploration Stock Performance

The firm has a market capitalization of C$237.98 million, a PE ratio of 186.98 and a beta of 1.95. The company's 50 day simple moving average is C$1.61 and its 200-day simple moving average is C$1.24.

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.