ATEX Resources Inc. (CVE:ATX - Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as C$2.65 and last traded at C$2.35, with a volume of 1102644 shares changing hands. The stock had previously closed at C$2.34.
Wall Street Analysts Forecast Growth
ATX has been the topic of a number of analyst reports. Desjardins upgraded ATEX Resources to a "moderate buy" rating in a research report on Friday, April 4th. Stifel Canada raised ATEX Resources to a "strong-buy" rating in a research note on Friday, May 30th.
Read Our Latest Stock Analysis on ATEX Resources
ATEX Resources Stock Performance
The business has a 50-day simple moving average of C$2.08 and a two-hundred day simple moving average of C$1.92. The company has a market capitalization of C$675.45 million, a price-to-earnings ratio of -16.87 and a beta of 0.57.
ATEX Resources Company Profile
(
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ATEX Resources Inc engages in the exploration and evaluation of mineral properties in South America. Its flagship property is the Valeriano Copper Gold project covering approximately 3,705 hectares located in the north-central Chile. The company was formerly known as Colombia Crest Gold Corp. and changed its name to ATEX Resources Inc in February 2019.
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